India’s largest public sector bank, State Bank of India, has announced a major step toward promoting gender equality.
On Saturday, the bank launched a USD 500 million (around Rs 4,597 crore) Syndicated Social Term Loan Facility dedicated entirely to women empowerment.
This initiative also includes a greenshoe option, which means the loan amount can be increased if demand from investors is strong.
The move is being seen as a major milestone not only for SBI but also for the global ESG (Environmental, Social, and Governance) financing space.
A Step Toward Gender Equality
According to SBI, the new loan facility aims to create greater social impact by supporting programs that promote gender equality and reduce the gender gap.
The initiative also aligns with the United Nations Sustainable Development Goals, particularly Sustainable Development Goal 5, which focuses on achieving gender equality and empowering women and girls worldwide.
Speaking about the initiative, SBI Chairman Challa Sreenivasulu Setty said the bank is proud to launch this social loan on **International Women’s Day.
He highlighted that women empowerment plays a crucial role in building a sustainable and inclusive economy.
He also added that real progress is not only about economic growth but also about creating positive social change and ensuring equal opportunities for everyone.
One of the Largest Gender-Themed Loans Globally
This is the first loan of its kind launched by SBI and is expected to become one of the largest gender-focused financing deals in the world.
The funds raised through this facility will support projects across sectors that promote inclusive growth and equal opportunities for women.
Japanese financial giant MUFG Bank played a key role in the transaction.
It acted as the Mandated Lead Arranger, Underwriter, Bookrunner, and the sole social loan coordinator for the deal.
SBI’s Strong Financial Position
Apart from this new initiative, SBI continues to maintain a strong position in India’s banking sector.
The bank has helped around 30 lakh families achieve their dream of owning a home, making it one of the country’s largest mortgage lenders.
Its home loan portfolio has crossed Rs 9 lakh crore, reflecting strong demand in the housing sector.
As of December 31, 2025, SBI reported a deposit base of more than 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 Friday on the National Stock Exchange of India, down 2.5 percent for the day.
