GREEN BANKING: A PANACEA FOR THE FUTURE OF INDIAN BANKING

Environmental degradation comes together with economic growth's advantages. Global warming has resulted from it, endangering the existence of all life on Earth. The foundation of economic expansion is the financial system. It still has a number of issues, including a shortage of human resources, a limited branch network, particularly in outlying locations, bad loans, consumer unhappiness due to security breaches, the possibility of fraud, and a discrepancy between promise and performance. Green finance is the complete answer to all issues. It is a new field that is giving banking institutions new chances and competitive benefits. A sustainable financial system is paved with green banking methods and tactics. Therefore, the researcher's goal in this study is to examine green banking strategies that could help to solve all the issues with the banking system. The researcher attempts to examine how implementing these green banking practises in financial organisations like banks can work as a panacea for the Indian banking sector and how they are helping the public and society as a whole to address the issues of the modern day.

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Keywords: Economy, Green Banking, Environment, Sustainability, Panacea.


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