Green Initiative by Banking Sector In India

Go Green’ has become the new mantra across the globe. To implement the mantra successfully a huge amount of funding as well as awareness is very important. The financial industry can play a pivotal role. Green Finance has evolved as an emerging field of study in the 21st century. Green Banking has b...

Full description

Saved in:
Bibliographic Details
Main Author: Krishnendu Ghosh
Format: Article
Language:English
Published: Tishk International University 2020-10-01
Series:Eurasian Journal of Management & Social Sciences
Subjects:
Online Access:https://ejmss.tiu.edu.iq/index.php/ejmss/article/view/63
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1849730258712920064
author Krishnendu Ghosh
author_facet Krishnendu Ghosh
author_sort Krishnendu Ghosh
collection DOAJ
description Go Green’ has become the new mantra across the globe. To implement the mantra successfully a huge amount of funding as well as awareness is very important. The financial industry can play a pivotal role. Green Finance has evolved as an emerging field of study in the 21st century. Green Banking has become one of the main elements of Green Finance. Green initiatives by the banking sector have emerged as a paradigm shift in traditional banking worldwide towards sustainable development. The purpose of this paper is to highlight the Green Banking practices adopted in India and their significance towards environmental protection and sustainable ecological balance. The methodology used for the article is mainly the theoretical framework build based on the various secondary sources like published articles, websites, government reports, etc. This study could benefit policymakers and researchers in understanding the various green initiatives taken by the banking sector in India as well as the challenges and way forward.
format Article
id doaj-art-69816f8d5e7a4bc7973dabf59c762ec0
institution DOAJ
issn 2708-177X
2708-034X
language English
publishDate 2020-10-01
publisher Tishk International University
record_format Article
series Eurasian Journal of Management & Social Sciences
spelling doaj-art-69816f8d5e7a4bc7973dabf59c762ec02025-08-20T03:08:56ZengTishk International UniversityEurasian Journal of Management & Social Sciences2708-177X2708-034X2020-10-0114394710.23918/ejmss.v1i4p3865Green Initiative by Banking Sector In IndiaKrishnendu Ghosh0Department of Finance, ICFAI Business School, Kolkata. Plot # Y1, Block-EP, Sector-V, Salt Lake, Kolkata-700091. IndiaGo Green’ has become the new mantra across the globe. To implement the mantra successfully a huge amount of funding as well as awareness is very important. The financial industry can play a pivotal role. Green Finance has evolved as an emerging field of study in the 21st century. Green Banking has become one of the main elements of Green Finance. Green initiatives by the banking sector have emerged as a paradigm shift in traditional banking worldwide towards sustainable development. The purpose of this paper is to highlight the Green Banking practices adopted in India and their significance towards environmental protection and sustainable ecological balance. The methodology used for the article is mainly the theoretical framework build based on the various secondary sources like published articles, websites, government reports, etc. This study could benefit policymakers and researchers in understanding the various green initiatives taken by the banking sector in India as well as the challenges and way forward.https://ejmss.tiu.edu.iq/index.php/ejmss/article/view/63green financegreen bankinggreen initiativessustainable developmentenvironmental protectionsustainable ecological balance.
spellingShingle Krishnendu Ghosh
Green Initiative by Banking Sector In India
Eurasian Journal of Management & Social Sciences
green finance
green banking
green initiatives
sustainable development
environmental protection
sustainable ecological balance.
title Green Initiative by Banking Sector In India
title_full Green Initiative by Banking Sector In India
title_fullStr Green Initiative by Banking Sector In India
title_full_unstemmed Green Initiative by Banking Sector In India
title_short Green Initiative by Banking Sector In India
title_sort green initiative by banking sector in india
topic green finance
green banking
green initiatives
sustainable development
environmental protection
sustainable ecological balance.
url https://ejmss.tiu.edu.iq/index.php/ejmss/article/view/63
work_keys_str_mv AT krishnendughosh greeninitiativebybankingsectorinindia