دانلود رایگان مقاله انگلیسی ابتکارات بانکداری سبز: بررسی بخش بانکداری هندی - IEEE 2017

Abstract

Energy conservation and environmental sustainability has been a focus area since 1970s. Post financial crisis in 2007, these are also the buzz words in financial industry. Long term sustainability of economy is important for all businesses to survive. The borrowers should exist over long term for lenders to achieve their goals. All these have a huge momentum in banking industry and the green initiatives in banking industry will ensure new methods of energy conservation that will eventually result in long term sustainability of the firm and economy at large. We examine the development of various green initiatives in banking sector with major focus on Indian banking industry. Further we study in detail the green initiatives of five major Indian banks.

VI. CONCLUSION AND SUGGESTIONS

In the current scenario Indian cities are listed among the most 10 populated cities in the world. The main reasons for these issues are excessive cut down of trees and construction of multi storied building and the emission of hydro-fluro-carbon, nitrous oxide etc that pollute the environment. So in order to recover from these issues the best way is to adopt changes in a way that is sustainable to the environment. If the Indian banks are implementing the green banking techniques in an effective manner it will act as a catalyst for protecting our environment. Now the banks and the financial institutions have adopted the equator principles as a ground rules. Green Banking process helps the banks for creating cost efficient automated channels to build consciousness and awareness among its various participants like customers, business institutions and other financial institutions. Green banking involves in the process of reducing paper works are possible since all the transactions are done through online channels. Bank also introduced many products like green credit cards, green mortgages etc. as part of the green projects. As a part of their CSR activities many banks are also taken initiatives to create awareness among the business class and the public and also states about the importance of the going green policy. Banks are also following environmental standards for the lending and borrowing process. The concept of sustainable banking is good for all the sectors in the public. [23] have stressed the importance of frugal innovation for sustainability and improved resource utilization in business. Since it acts as a reminder for the human beings who are involved in the process that effects the economy. Ethical Banking not only involves in the process of making the institution green but also involves in increasing the rating of the banks, making the operation efficient and also improves the quality of the assets of the banks. Ethical banking helps a bank to satisfy both its internal operation and also it satisfies the responsibility of the bank towards the economy and it also increase the rating of the bank.