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INFLUENCE OF GREEN BANKING IN INDIA: A COMPREHENSIVE ANALYSIS

Author Information
Name: Priyaka Khanna, Preeti Kalra
Country: India
Publication Details
Year: 2023
Volume: Volume-10, Issue-1 (January-June)
Page Number: 41-53
Abstract
This research paper examines the influence of green banking in India, with a focus on its environmental, social, and economic implications. Green banking, also known as sustainable banking or eco-banking, is an emerging concept that integrates environmental and social considerations into banking operations, thereby promoting sustainable development. India, as one of the world's fastest-growing economies with significant environmental challenges, presents a compelling case study for analysing the impact of green banking initiatives. This research paper explores the key influences of green banking in India, including its contribution to environmental sustainability, renewable energy financing, social inclusivity, and economic growth. Additionally, it identifies challenges and opportunities for the future development of green banking in the Indian banking sector.
KEYWORDS: Green Banking, India, Environmental Impact, Social Inclusivity, Economic Implications, Sustainable Development.
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