The Reserve Bank of India (RBI) announced a proposal to ease onboarding rules for micro, small, and medium enterprises (MSMEs) on trade receivables discounting system (TReDS) platforms, which provide instant working capital by allowing businesses to discount their trade receivables. Governor Sanjay Malhotra stated that the requirement for due diligence during onboarding will be removed, promoting greater participation from MSMEs. The TReDS framework, introduced in 2014 and strengthened in 2028, has faced challenges in transaction volumes due to issues like lack of digitization among MSMEs. To address this, the government has taken steps to enhance credit access, including a proposal from Finance Minister Nirmala Sitharaman to mandate TReDS as the default transaction settlement platform for central public sector enterprises (CPSEs) purchasing from MSMEs. The RBI also kept its monetary policy rate unchanged at 5.25%, maintaining a neutral stance amidst global uncertainties.