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NABKISAN Raises ₹180 Crore with India's First WASH-Focused Social Bond

News18•03-10-2026, 18:45

•NABKISAN Finance Limited successfully raised ₹180 crore through India’s first social bond exclusively dedicated to Water, Sanitation, and Hygiene (WASH).
•The five-year bond, listed on the National Stock Exchange, was subscribed 1.8 times and carries an 8.10% coupon, maturing in September 2031.
•Proceeds will finance access to safe water, sanitation, and hygiene solutions in rural and underserved communities, channeling capital-market funding into a development segment traditionally reliant on public and institutional financing.
•The strong subscription indicates growing investor appetite for social-impact debt instruments, expanding India’s sustainable finance market beyond green bonds.
•NABARD Chairman Shaji Krishnan V highlighted the bond's potential for innovative financing in critical development priorities, while NABKISAN MD and CEO Immanuvel Ganesan noted its role in mobilizing resources for development sectors with measurable social impact.

NABKISAN Finance Limited raised Rs 180 crore through India's first social bond dedicated exclusively to water, sanitation, and hygiene (WASH).

The five-year bond carries an 8.10 per cent coupon and is scheduled to mature in September 2031.

Water.org acted as the technical advisor and knowledge partner for the transaction.