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Green Banking: An Overview


Affiliations
1 CD Jain College of Commerce, Shrirampur, India
2 PIRENS Research Center, Loni, India
 

Change is the law of nature. The environment and climate change are the most complicated issues that world is facing today. So adoption of change is the need for the survival. Today's business is all about being green. From Wal-Mart to Apple, everyone is talking about how green they are. Being a financial organization banks are responsible for the economic development of the nation. Green banking means promoting environmental friendly practices and reducing carbon footprint from banking activities. Adoption of green banking practices will not only be useful for environment, but also benefit in greater operational efficiencies, a minimum errors and frauds, and cost reductions in banking activities. The present paper aims to highlight Indian initiatives by various banks adopting green banking in India. Further, an attempt has been made to highlight the major benefits, confronting challenges of Green Banking.

Keywords

Banking, Eco-Friendly, Green, Online.
Notifications

  • Yadwinder Singh, ‘Environmental Management through Green Banking: A study of Commercial Banks in India’, International Journal of Interdisciplinary and Multidisciplinary Studies, Vol 2, No.4, 2015

  • Ritu, ‘Green Banking: Opportunities and Challenges’, International Journal of Informative & Futuristic Research, Volume 2, Issue 1, September 2014

  • Neyati Ahuja, ‘Green banking in India: A Review of Literature’, International Journal for Research in Management and Pharmacy, Vol. 4, Issue 1, January 2015

  • Dr. Nishikant Jha, Shraddha Bhome, ‘A study of green banking trends in India’, Abhinav, Volume II, May’13

  • Ashis Kumar Chaurasia, ‘Green banking practices in Indian banks’, JOMASS, Volume 1, Issue 1, February 2014

  • Dr. Sarita Bahl, ‘Green Banking - The New Strategic Imperative’, Asian Journal of Research in Business Economics and Management, Volume 2, Issue 2 February 2012 Dr. Sarita Bahl, ‘The Role of Green Banking in Sustainable Growth’, International Journal of Marketing, Financial Services and Management Research, Volume 1, Issue 2, February 2012

  • Suresh, Chandra Bihari, and Pandey Bhavna. "Green banking in India", Journal of Economics and International Finance, 2015

  • http://www.allbankingsolutions.com/banking-tutor/what-is-banking.shtml

  • www.abhinavjournal.com

  • www.gjar.org

  • www.iaamidnaporebranch.in

  • www.studymode.com

  • www.money-rates.com

  • www.commercedu.com

  • www.iracst.org

  • www.smbs.in


Abstract Views: 228

PDF Views: 168




  • Green Banking: An Overview

Abstract Views: 228  |  PDF Views: 168

Authors

G. H. Barhate
CD Jain College of Commerce, Shrirampur, India
Mohasin A. Tamboli
PIRENS Research Center, Loni, India

Abstract


Change is the law of nature. The environment and climate change are the most complicated issues that world is facing today. So adoption of change is the need for the survival. Today's business is all about being green. From Wal-Mart to Apple, everyone is talking about how green they are. Being a financial organization banks are responsible for the economic development of the nation. Green banking means promoting environmental friendly practices and reducing carbon footprint from banking activities. Adoption of green banking practices will not only be useful for environment, but also benefit in greater operational efficiencies, a minimum errors and frauds, and cost reductions in banking activities. The present paper aims to highlight Indian initiatives by various banks adopting green banking in India. Further, an attempt has been made to highlight the major benefits, confronting challenges of Green Banking.

Keywords


Banking, Eco-Friendly, Green, Online.

References