Green Banking Sustainable Economic Development
Author(s):
MANSI, Dr. Mansi Kukreja
Keywords:
Globalization, greenery, depletion, online banking, and green banking.
Abstract
In the world of globalization, as we move on so fast in the 21st century, we are lacking behind many things, one of which is greenery and its depletion. As the natural environment is declining day by day, all over the world business organizations and corporates have started working on it. They are modifying their work styles and are trying to increase greenery to its maximum level. The banking sector is also one of them. It is also working on it. Adopting green banking it is promoting environmental-friendly practices. Green banking means uniting together functional, mechanical and operational changes in working mode. This is done for changing customer behavior in banking organizations. These include many forms of services such as using online banking mode; payment of bills online; opening up of accounts. These are certain biggest steps to support nature. Moving further, this study also conceals the latest progress and improvements that have been made by Indian banks for the supportable expansion of green banking as well as the challenges and hurdles encountered by Indian banks in its enactment. The research is grounded on the secondary data published in journals and papers. Coming together with all the facts and findings, it was concluded that there is an extreme need of creating responsiveness and alertness among people. It will be helpful for implementing the methods of green banking. In this scenario of innovation and technology, it will make our environment healthy for us and enrich our supportability.
Article Details
Unique Paper ID: 155757

Publication Volume & Issue: Volume 9, Issue 1

Page(s): 1709 - 714
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