01253nam a22001457a 4500999001900000008004100019100002300060245008900083260003400172300003400206520071700240773003400957942000700991952010900998  c533736d533736260615b           ||||| |||| 00| 0 eng d  aMani, Sunil961241  aThe guarantee bridge : How loan guarantees fuel India’s corporate global ambitions  aEconomic & Political Weekly    a61(21), May 23, 2026: p.18-21  aThe expanding role of loan guarantees in financing India’s outward foreign direct investment is examined, arguing that they form an under-recognised pillar of corporate globalisation. In the context of persistent domestic savings–investment gaps, firms increasingly use guarantees to access global debt markets. Regulatory changes, notably the 2022 Overseas Investment framework, have eased their use. While enabling expansion without immediate fiscal costs, guarantees create contingent liabilities, concentrate OFDI, and shift risks to the financial system, raising concerns of transparency, equity, and systemic stability.- Reproduced 

https://www.epw.in/journal/2026/21/commentary/guarantee-bridge.html
  aEconomic & Political Weekly    cAR  00102ddc40709408915aIIPAbIIPAd2026-06-15h61(21), May 23, 2026: p.18-21pAR139207r2026-06-15yAR