In a statement, the country’s largest lender said the transaction marks a milestone for both SBI and the global ESG financing landscape, aimed at advancing the cause of women empowerment, PTI reported.The financing initiative is designed to accelerate social impact while reinforcing SBI’s commitment to reducing the gender gap and supporting the United Nations’ Sustainable Development Goal (SDG) 5 — “Achieve Gender Equality and Empower all Women and Girls.”Speaking on the occasion, SBI Chairman C S Setty sai ...

Core Viewpoint - State Bank of India (SBI) has launched a $500 million syndicated social term loan facility aimed at women empowerment, marking a significant milestone in both SBI's operations and the global ESG financing landscape [1] Group 1: Objective and Impact - The financing aims to accelerate social impact and demonstrates SBI's commitment to reducing the gender gap, contributing to the United Nations' Sustainable Development Goal (SDG) 5, which focuses on achieving gender equality and empowering all women and girls [2] - This transaction is expected to be the largest gender-themed loan globally, supporting gender equality and inclusive economic growth, highlighting a significant initiative in sustainable finance by an Indian financial institution [3] Group 2: Current Financial Landscape for Women - Women are under-represented in financial products, holding only 17% of active loans, 13% of credit cards, 22% of active loans, 23% of mutual funds, 27% of new EPF subscribers, and 34% of new life insurance policyholders as of January 2026 [4] Group 3: Financial Products for Women - Some financial institutions provide women-specific loans, often unsecured, targeting various financial needs such as education, starting a business, unforeseen medical expenses, or weddings [5] Group 4: Leadership Perspective - The chairman of SBI emphasized the organization's commitment to fostering women empowerment as a cornerstone of sustainable development, stating that true progress relies on economic growth and positive social change [6] Group 5: Transaction Details - Mitsubishi UFJ Financial Group (MUFG) will act as the original Mandated Lead Arranger, Underwriter, Bookrunner, and sole social loan coordinator for the transaction [7]