1Assistant Professor, Department of Professional Studies, Christ University, Bangalore , Karnataka, India
2Student, 2nd B.COM (F&A), Department of Professional Studies, Christ University, Bangalore, Karnataka, India
The paper examines “Green Banking” practices in United States and India. The paper initially explores the evolution Green Banking in the world. United States being the pioneer in launching this concept, the paper touches on the working of Coalition for Green Capital (CGC), a non-profit formed to foster the development of green banks in the U.S. The paper further discusses how Green Banking is perceived and implemented in India relative to United States. The study reveals that RBI, the apex banking institution in India has given two dimensions to the concept of green banking which has led to the diversion in understanding and execution of green banking compared to U.S. The study concludes with the suggestions to further promote Green Banking in India.
Coalition for Green Capital, Comparison, Green Banking, India, United States
