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ISBs for road contracts hit ₹10,000 cr
Financial Express Kochi
|September 12, 2025
THE ISSUANCE OF Insurance Surety Bonds (ISB) that were introduced as an alternative for bank guarantee by the National Highways Authority of India (NHAI) have crossed ₹10,000 crore mark.
"Till July 2025, 12 insurance companies have issued around 1,600 ISBs as 'bid security' and 207 ISBs as 'performance security' valued at around ₹10,369 crore for NHAI contracts," a statement by the highway builder said.
Bu hikaye Financial Express Kochi dergisinin September 12, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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