Financial regulators in India, including the Reserve Bank of India and the Insurance Regulatory and Development Authority of India (IRDAI), are addressing significant gaps in the reporting of insurance surety bonds and private credit exposures. Lenders have identified the absence of these instruments from credit information systems as a critical oversight, which could hinder accurate assessments of borrower risks. Discussions are expected to take place at the Financial Stability and Development Council (FSDC), chaired by the finance minister, to ensure systemic stability and tackle emerging financial risks. Insurance surety bonds, which guarantee contractor obligations, are currently not reflected in credit information reports, limiting lenders' visibility into borrower exposures. As of July 2025, insurance surety bonds for infrastructure projects alone have surpassed ₹10,000 crore (approximately $1.2 billion USD), with projections suggesting total volumes could reach ₹60,000 crore (around $7.2 billion USD) by the end of 2025. The National E-Governance Services Ltd is also working on electronic insurance surety bonds (e-ISB) to provide an alternative to traditional performance bid guarantees.