How the Factoring Regulation Amendment Bill will revolutionize MSMEs – Explains Praveen Sinha
Praveen Sinha, Founder, PinCap says that the MSMEs are about to enter the new regime with the passage of the Factoring Regulation Bill, 2020 by the Parliament.
What is Factoring? Why is the Factoring Regulation (Amendment) Bill so important?
The Factoring Regulation Amendment Bill aims to widen the scope of NBFCs that can engage in factoring business by amending the Factoring Regulation Act, 2011.