https://www.taxtmi.com/news?id=30600 Introduction of surety bonds in India offers an IRDAI regulated insurance alternative to bank guarantees for infrastructure contracts, charged by premium and typically not requiring cash margins or collateral. Due to constrained bank guarantee supply and non fund credit shortfalls, surety bonds-supported by a specialist underwriting ecosystem and technology providers-are positioned to meet demand across construction, energy, aviation and telecom, with significant projected growth potential in the Indian market. en-us Fri, 17 Jan 2025 17:46:03 +0530 Fri, 17 Jan 2025 17:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30600 Introduction of surety bonds in India offers an IRDAI regulated insurance alternative to bank guarantees for infrastructure contracts, charged by premium and typically not requiring cash margins or collateral. Due to constrained bank guarantee supply and non fund credit shortfalls, surety bonds-supported by a specialist underwriting ecosystem and technology providers-are positioned to meet demand across construction, energy, aviation and telecom, with significant projected growth potential in the Indian market. News - Fri, 17 Jan 2025 17:46:03 +0530 https://www.taxtmi.com/news?id=30600