Mumbai, June 24 -- The Reserve Bank of India (RBI) has issued Reserve Bank of India (Trade Receivables Discounting System) Directions, 2026. RBI had placed the draft Reserve Bank of India (Trade Receivables Discounting System) Directions, 2026 on April 08, 2026, in the public domain for stakeholder feedback. The draft Directions proposed, inter alia rationalisation and harmonisation of the existing regulatory framework for TReDS, removal of the requirement of due diligence for MSME sellers, and revision of the capital requirements applicable to TReDS operators. RBI noted that feedback from the public has been examined and suitably incorporated in the final directions. The final Directions prescribe the appropriate requirements for an effi...