A Study on Green Banking Trends in India

Industrialization approximately the globe has triggered the detection of ever-increasing needs and demands of the population and it has become symbolic of prosperity and development of an economy. On the other hand, it has resulted in the exploitation of the natural environment, which in turn has disturbed the ecological balance. The disturbance in ecological balance has adversely affected the human and its surrounding environment. The recent industrial disasters and natural disaster that occurred in the last three decades were directly or indirectly linked with the uneven industrialization. This in turn has raised an important issue of environmental protection among environmentalists, government and organization from all over the world. Environmental sustainability and sustainable development have become the important agenda in the international community. The main objective of this paper is to deeply understand how Indian banks are responding to environmental turbulence and to provide an overview of their action in view of Go Green banking adoption & its advantages