India’s First WASH-Focused Social Bond
9 October 2026
PRERNA FOR IAS
Mehnat Aapki, Guidance Humari
Roz ki Prelims Practice — Experts ke Saath
India’s First WASH-Focused Social Bond
Context: On 1 October 2026, NABKISAN Finance Limited, a subsidiary of NABARD, listed India’s first Social Bond dedicated exclusively to Water, Sanitation and Hygiene (WASH) on the National Stock Exchange. The issue raised ₹180 crore and was oversubscribed 1.8 times.
1. What is a Social Bond? A social bond is a fixed-income debt instrument in which the proceeds are earmarked for projects that produce defined social benefits, such as affordable housing, healthcare, education, or basic services. Unlike ordinary bonds, the funds are not meant for unrestricted corporate use.
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India's first WASH-focused social bond: NABKISAN Finance raises ₹180 crore for water, sanitation and hygiene in rural communities. Oversubscribed 1.8x.
Keywords
social bondWASH bondNABKISAN Financesustainable financesafe drinking watersanitation and hygieneSDG 6impact investing