Pranjana:The Journal of Management Awareness
  • Year: 2021
  • Volume: 24
  • Issue: 1and2

Role of sustainability and green finance in Indian commercial banking system

1Assistant Professor, Integrated Academy of Management & Technology, Ghaziabad

2Assistant professor, Sunder Deep Group of Institutions, Ghaziabad

3Assistant Professor, KIET Group of Institutions, Ghaziabad

Online Published on 19 October, 2022.

Abstract

The term "green banking" refers to a broad range of procedures and guidelines that assist financial institutions in minimising their negative effects on the economy, the environment, and society (IDRBT, 2013). Its objective is to minimise or eliminate any environmental impact while maximising the efficiency and effectiveness of banking processes, including the use of IT and physical infrastructure. In addition to enhancing the bank's reputation, green banking protects the environment and guarantees that all development is sustainable.