Green Banking: A New Strategic Initiative For Growth And Sustainable Development

Prof. Swarnadeep Maity

Green Banking, Green Banking Infrastructure, Green Banking Strategies

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

Published Paper   E-Certificate

"Green Banking: A New Strategic Initiative For Growth And Sustainable Development", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.4, Issue 6, page no.160 - 166, June-2019, Available :https://ijsdr.org/papers/IJSDR1906035.pdf

Volume 4 Issue 6, June-2019

Pages : 160 - 166

Paper Reg. ID: IJSDR_190695

Published Paper Id: IJSDR1906035

Downloads: 000347290

Research Area: Management

Country: Bangalore, Karnataka, India

Published Paper PDF: https://ijsdr.org/papers/IJSDR1906035

Published Paper URL: https://ijsdr.org/viewpaperforall?paper=IJSDR1906035

ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJSDR(IJ Publication) Janvi Wave

This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition