Current Affairs - Finance - Discussion

NABARD, or the National Bank for Agriculture and Rural Development, is the parent institution of NABKISAN Finance Limited. NABKISAN, a subsidiary of NABARD, listed India’s first social bond dedicated exclusively to the Water, Sanitation and Hygiene (WASH) sector on the National Stock Exchange in Mumbai on 2 October 2026. The bond raised ₹180 crore with a five-year tenure and an 8.10% coupon rate. The funds will support projects providing safe drinking water, sanitation facilities and hygiene services, particularly in rural and underserved communities, contributing to improved public health and quality of life.