Green Banking- A Study on Select Banks in India

Abstract

The Green Banking is known as digital-banking and it is also called ethical banking, which aims to save the Nature as well as decrease the Global warming and carbon emission from its operation. Thus, it is the responsibility of every human as well as the institutions in the world to contribute the green economy so that it leads to sustainable development of the economy. The current study is regarding to understand the role of banks in the sustainable economic development. It is also including the role of Indian Government, corporate and commercial banks in India. The study is based on the secondary data collected from the various websites, reports of RBI, and Journals, etc. The finding of the study is that the banks are making strategic plan for a long term and taking green initiatives by creating awareness among the customers. The concept of green banking is the new in India and it has been adopting by the Indian banks in many ways such as online banking, mobile banking, green loans, E-statements, ATM’s etc. They have been providing their services to the customers 24*7 over 365 days.