INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016
open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15
Green Banking: A New Strategic Initiative For Growth And Sustainable Development
Authors Name:
Prof. Swarnadeep Maity
Unique Id:
IJSDR1906035
Published In:
Volume 4 Issue 6, June-2019
Abstract:
Sustainable development and preservation of atmosphere are currently recognized globally as dominant imperatives to safeguard our planet from the ravages inflicted on that by humans. World initiatives are taken to encounter the negative effects of development like warming and global climate change. A typical thread running across of these initiatives is that they are specializing in reducing the demand for fossil fuels by implementing the 3R's viz. Reduce, recycle and Recycle. Banks and money establishments will play a significant and decisive role in these world efforts to form our planet a more robust place to measure in. As suppliers of finance, banks will make sure that businesses adopt environment-friendly practices. Incentives by method of providing cheaper funds for adopting inexperienced technologies can have an extended term useful impact on the atmosphere. As major implementer of technology, banks themselves will adopt inexperienced practices and thereby lead the method during this world initiative. In experienced Banking is relatively a replacement development within the money world. It's a kind of banking taking under consideration the social and atmospherically impacts and its main motive is to safeguard and preserve environment. This paper attempts: • To introduce the concepts & understanding of green banking • To know the strategies & importance of green banking • To know current scenario of green banking in India • To know about the infrastructure of green banking • To study the Strategic Initiative undertaken by Indian Banks (Public & Private) on Green Banking
Keywords:
Green Banking, Green Banking Infrastructure, Green Banking Strategies
Cite Article:
"Green Banking: A New Strategic Initiative For Growth And Sustainable Development", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.4, Issue 6, page no.160 - 166, June-2019, Available :http://www.ijsdr.org/papers/IJSDR1906035.pdf
Downloads:
000337071
Publication Details:
Published Paper ID: IJSDR1906035
Registration ID:190695
Published In: Volume 4 Issue 6, June-2019
DOI (Digital Object Identifier):
Page No: 160 - 166
Publisher: IJSDR | www.ijsdr.org
ISSN Number: 2455-2631
Facebook Twitter Instagram LinkedIn