NABKISAN Finance Limited, a subsidiary of the National Bank for Agriculture and Rural Development (NABARD), lists India’s first Social Bond dedicated exclusively to the Water, Sanitation and Hygiene (WASH) sector on the National Stock Exchange (NSE), Mumbai.
On October 3, 2026, NABKISAN Finance Limited, a subsidiary of the National Bank for Agriculture and Rural Development (NABARD), listed India’s first Social Bond exclusively for the Water, Sanitation, and Hygiene (WASH) sector on the National Stock Exchange (NSE), Mumbai. The bond issue was oversubscribed 1.8 times, enabling NABKISAN to raise ₹180 crore.
The five-year bond carries a coupon rate of 8.10%, matures in September 2031, and has been assigned the highest domestic credit ratings of CRISIL AAA (Stable) and CARE AAA (Stable). The proceeds will be deployed to expand access to safe water, sanitation and hygiene solutions across rural and underserved communities, contributing to improved health, livelihoods and quality of life.
The listing ceremony included addresses by representatives of NABARD, NABKISAN, Water.org, Trust Group and NSE, followed by the ceremonial bell ringing.
Source:
Press Information Bureau
