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SBI launched a $500 million gender-focused loan on International Women’s Day, the largest of its kind from an Indian bank, to boost women’s economic empowerment.
State Bank of India has launched a $500 million syndicated social term loan, the first of its kind for the bank, to advance women’s economic empowerment and support gender equality, aligning with UN Sustainable Development Goal 5.
Announced on International Women’s Day, the facility, managed by MUFG as lead arranger and coordinator, includes a greenshoe option and is expected to be the largest gender-focused loan globally from an Indian financial institution.
The initiative reflects SBI’s commitment to ESG principles and inclusive growth, aiming to drive measurable social impact through targeted financing for women-led projects.
SBI lanzó un préstamo de $ 500 millones centrado en el género en el Día Internacional de la Mujer, el más grande de su tipo de un banco indio, para impulsar el empoderamiento económico de las mujeres.