IRDAI has issued guidelines for surety bonds, which come into effect on April 1. Contractors will be allowed to use these bonds as a substitute for bank guarantees for government contractsfrom Moneycontrol Business News https://ift.tt/2CMUhKY
Tuesday, March 29, 2022
Insurers keen to launch surety bonds, but infrastructure companies may have to wait longer for booster dose
IRDAI has issued guidelines for surety bonds, which come into effect on April 1. Contractors will be allowed to use these bonds as a substitute for bank guarantees for government contractsfrom Moneycontrol Business News https://ift.tt/2CMUhKY
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