Group 1 - State Bank of India (SBI) has raised $1 billion through a five-year loan from Mitsubishi UFG Financial Group (MUFG), marking the first social loan of its kind by a bank in India [1][2][5] - The funds will be allocated to support women's economic empowerment and businesses led by women, aligning with gender equality initiatives [1][2] - The loan was priced at 90 basis points above the three-month SOFR, which is more favorable compared to HDFC Bank's recent loan pricing of 94 basis points above the same benchmark [1][5] Group 2 - The loan includes a green shoe option of $500 million and is expected to close in March 2026, with syndication launched on February 2 [2][5] - With the three-month SOFR at approximately 3.83%, the effective interest rate for SBI is projected to be around 7.73% after accounting for dollar hedging costs [5] - MUFG has set a sustainable finance target of $660 billion by 2030 as part of its medium-term business plan, reflecting a commitment to ESG goals [6]