ISO 9001:2015

PRACTICES OF GREEN BANKING IN INDIAN BANKS

Dr. Suresh Chand Singhal & Dr. Anil Saxena

A destructive division of scientific justify clearly specifies that the change in climate is an important and mandatory case and it has also indicated that the climate of the Earth is changing and it is changing very fast, mainly due to the increase in climate Greenhouse gases Emissions which have been caused by human tasks and behavior. There are many evidence which indicate that the climate is changing rapidly, such as the increase in sea level, increase in average temperature at the globally, rainfall and extreme climate events. The United Nations Environment Program (UNEP, 2014), defines the green environment, “resulting in human welfare and social equality, while reducing environmental risks and ecological lack is very low”. In other words, the green economy can be summarized in the form of resources efficient, low carbon and socially, environmentally, as economically inclusive. The development of environmentally friendly banking infrastructure (physical and IT) is not only a social incentive, but it also reduces the cost (IBDRT, 2013). Many investment banks and financial service providers around the world are considering environmental stability factors in their business operations, starting from 2013 by promoting them to fully carbon neutral. As the banks are becoming “climatic ambassador”, Green IT is employed to the Green Data Center and Green Building Infrastructure will be very important. When the concept of green banking comes to any person’s mind, then various questions are quite clear, such as what green therapy adopted by various banks in India or what is the intention level of banks to adopt green practices or adopt green color What is the relationship between banking practices and environmental stability or green practices How do problems with face? This current research work tries to determine what extent to accept the bank's banking practices in India and the extent to which it is being accepted by the Indian banks.

 

Keywords: Climate, Environment, Economical, Sustainability, Ecological, Green Economy, Efficient.


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