Surety Bond Insurance launched for Infrastructure Projects Union Minister for Road, Transport and Highway, Nitin Gadkari launched India’s first ever surety bond insurance product which will reduce the dependence of infra developer on bank guarantee and help in realising $5 trillion economy target by 2025. What is Surety Bond Insurance Surety Bond Insurance is a […]
Union Govt notifies six insurance regulations of IRDAI The insurance sector in India is a rapidly growing industry, with many domestic and internationals companies offering a wide range of insurance products. With the aim to further boost the insurance penetration in India from 4.2% to world average 6.3%, Government of India notifies new rules. Six […]