Blog · 6 Jul 2026
Mint Explainer: How do sovereign guarantees work and why does India use them?
Disclosed annually in the Union budget, these multi-crore commitments act as a crucial safety net for statutory corporations, though they carry potential…
Disclosed annually in the Union budget, these multi-crore commitments act as a crucial safety net for statutory corporations, though they carry potential default risks for the national exchequer.