23Nov 2016

“GREEN BANKING PRACTISE IN INDIA”

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Green banking is any form of banking that benefits the environment .The biggest problem being faced by the entire country is Environment Management and reducing the damage to the natural resources and global warming. Thus, it is the responsibility of every individual as well as the institutions in the country to contribute for green economy and adds to sustainable development of the economy. It is not only the concern of the government and the direct polluters but also other financial institution such as banks which are playing a fundamental role in the department of the society. The study helps to understand the role of banks in sustainable economic development through the concept of ‘Green Banking’. It also shows the initiatives taken by different Indian banks that includes both public sector and private sector banks. In the current world banks play a major role and have contributed in different areas and have taken green banking in a big way. It also discusses the guidelines provided by RBI. Banks have gone beyond just paperless banking to solar energy sources for ATM and many more.


[Indira C M. (2016); “GREEN BANKING PRACTISE IN INDIA” Int. J. of Adv. Res. 4 (Nov). 843-849] (ISSN 2320-5407). www.journalijar.com


Indira C M


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Article DOI: 10.21474/IJAR01/2156      
DOI URL: http://dx.doi.org/10.21474/IJAR01/2156