Published March 31, 2021 | Version v1
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GREEN BANKING PRACTICES – A Case Study on Indian Green Banking System

  • 1. Research Scholar

Description

As we move into the 21st century in this new scenario of globalization, the lack of greenery is the single object we are missing badly. Green banking means promoting environmental friendly practices and reducing the carbon footprint from banking activities. It is also called an ethical bank or a sustainable bank. It means encouraging environmentally sustainable practices by integrating organizational changes, technology, and evolving consumer preferences in the banking industry. This happens in a variety of ways, like using online banking as a replacement for branch banking to pay online bills instead of submitting them in banks This study also focus on Green Banking activities adopted by private and public sector banks in India for environmental sustainability The analysis is focused on secondary data. The safeguarding of natural resources and the atmosphere is the prime advantage of the green banking approach. It reduces book-keeping to the ideal level and focuses on electric transactions for various customer banking transactions, such as the use of cash machines, movable banking, operational banking, etc. Electronic dealings not only contribute to sustainability but also provide consumers with convenience. 

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