Vol. 2, Issue 8 (2015)
Role of Green Banking in Environment Sustainability – A study of selected Commercial Banks in Himachal Pradesh
Author(s): Jeena Gupta
Abstract: Banking sector is one of the premier sectors in our country. It plays a very important role in the growth of Indian economy. Like other sectors, banking sector also has its responsibility to protect environment. To fulfill this responsibility, the banking sector has adopted the concept of Green Banking. The concept of Green banking is comparatively a new concept. It is a paperless banking, which not only reduces the cost of banking activities but also helps in environment sustainability. It helps in reducing the use of paper, power and energy. The main objective of this paper is to know about the initiatives taken by the banking sector and conduct a SWOC analysis about the banking sector regarding green banking activities.