India’s largest lender, State Bank of India (SBI), has launched a $500 million (around Rs 4,597 crore) Syndicated Social Term Loan Facility aimed entirely at promoting women empowerment.
The initiative, which also includes a greenshoe option, marks a major step for the bank as well as the global ESG financing space.
The loan facility is designed to create a stronger social impact by encouraging gender equality and supporting programs that help reduce the gender gap in society.
Focus on Gender Equality and Social Impact
According to SBI, the funding will support projects and programs that promote gender equality and inclusive economic growth across different sectors.
The initiative also contributes to United Nations’ Sustainable Development Goal 5, which focuses on achieving gender equality and empowering women and girls around the world.
SBI Chairman C. S. Setty said the bank is proud to launch this social loan on International Women’s Day, highlighting the institution’s commitment to women empowerment as a key part of sustainable development.
He added that real progress is not only about economic growth but also about bringing positive social change, empowering women, and building a more inclusive society.
One of the Largest Gender-Themed Loans Globally
This is the first transaction of its kind by SBI, and it is expected to become the largest gender-focused loan globally.
The move also reflects India’s growing role in sustainable and responsible financing.
MUFG acted as the Mandated Lead Arranger, Underwriter, and Bookrunner for the deal
The company also served as the sole social loan coordinator for this transaction.
Strong Financial Position of SBI
SBI continues to maintain a strong presence in India’s banking sector.
The bank is one of the largest mortgage lenders in the country, helping nearly 30 lakh Indian families achieve their dream of owning a home.
Its home loan portfolio has crossed Rs 9 lakh crore.
As of December 31, 2025, SBI had a deposit base of over Rs 57 lakh crore, a CASA ratio of 39.13%, and advances exceeding Rs 46.8 lakh crore.
Meanwhile, SBI shares closed at Rs 1,139.80 on the NSE on Friday, down 2.5 percent for the day.