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India's largest lender, State Bank of India, has reportedly signed a strategic partnership agreement with Japan's Mitsubishi UFJ Financial Group (MUFG Bank) , marking a major development in cross-border banking cooperation between India and Japan.

<head><link rel="icon" href="data:,"></head></p><blockquote class="twitter-tweet" data-dnt="true" data-theme="light">
 <p lang="en" dir="ltr">STATE BANK OF INDIA: CO AND JAPAN'S MUFG BANK SIGN STRATEGIC PARTNERSHIP AGREEMENT</p>— RedboxGlobal India (@REDBOXINDIA) 
 <a href="https://twitter.com/REDBOXINDIA/status/2031684597508087965?ref_src=twsrc%5Etfw">March 11, 2026</a>
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<head><link rel="icon" href="data:,"></head> </span><p>  </p><p>The announcement comes shortly after SBI raised <strong>$1 billion (around Rs 9,100 crore)</strong> through a <strong>five-year social loan arranged by MUFG</strong>, the first financing of its kind raised by an Indian bank.</p><p><b><font NHTextSize="NHSubTitle">Earlier financing deal between SBI and MUFG</font></b></p><p>In February, SBI secured the <strong>$1 billion social loan facility</strong>, priced roughly <strong>90 basis points above the SOFR benchmark</strong>, through MUFG&apos;s international network.</p><p>The proceeds from the facility are intended to support <strong>social impact lending</strong>, particularly financing <strong>women-led businesses and initiatives focused on economic empowerment</strong>, according to reports.</p><p>This is a developing story and further details of the partnership may emerge.</p> <script> function getAndroidVersion(ua) {ua = (ua || navigator.userAgent).toLowerCase(); var match = ua.match(/android\\s([0-9\\.]*)/);return match ? match[1] : false;}; var versions='4.2.2'; var versionArray=versions.split(',');var currentAndroidVersion=getAndroidVersion();if(versionArray.indexOf(currentAndroidVersion)!=-1){var blocks = document.getElementsByTagName('blockquote'); for(var i = 0; i < blocks.length; i++){blocks[i].innerHTML = '';}} function pause() {var iframesList = document.getElementsByTagName("iframe");for (iframe of iframesList) {var iframeSrc = iframe.src;iframe.src = "";iframe.src = iframeSrc;}}</script> 
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State Bank of India signs strategic partnership with Japan's MUFG Bank<br>#DH_SHARE_URL#<br><br>By Business Upturn via Dailyhunt

State Bank of India signs strategic partnership with Japan's MUFG Bank

https://www.businessupturn.com/business/corporates/state-bank-of-india-signs-strategic-partnership-with-japans-mufg-bank