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100			_aMani, Sunil _961241
245			_aThe guarantee bridge : How loan guarantees fuel India’s corporate global ambitions
260			_aEconomic & Political Weekly
300			_a61(21), May 23, 2026: p.18-21
520			_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
773			_aEconomic & Political Weekly
942			_cAR