Insurance Surety Bonds for NHAI Cross ₹10,000 Cr Milestone:
India’s infrastructure financing landscape witnessed a significant shift as Insurance Surety Bonds (ISBs) issued for National Highways Authority of India (NHAI) contracts surpassed the ₹10,000 crore mark. As of July 2025, 12 insurance companies have issued approximately 1,600 ISBs as Bid Security and 207 as Performance Security, amounting to a total value of ₹10,369 crore. This development underscores the growing confidence and adoption of ISBs as a cost-effective, secure, and reliable alternative to traditional bank guarantees (BGs) in large-scale public procurement and infrastructure contracts.