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Surety Bonds: Global vs India - How Does India's Market Compare?

The US has mandated surety bonds on federal construction since 1935. India's framework is four years old - and after three rounds of deregulation, lighter than most people think.

Understanding the IRDAI Surety Bond Reform: A New Era for Contract Guarantees in India

The landscape of infrastructure financing in India is undergoing a quiet yet significant shift. For years, contractors and project developers have relied almost entirely on bank guarantees to meet contractual obligations. But that is…

20 Nov 2025Read