A Study on Problems and Perspectives of Green Banking with Reference to Gwalior Region.

A Study on Problems and Perspectives of Green Banking with Reference to Gwalior Region.

Dr. Rahul Kushwah

Head, Department of Management

School of Management & Commerce

Vikrant University, Gwalior

Mr. Abhishek Rathore

Student

School of Management & Commerce

Vikrant University, Gwalior

ABSTRACT
Green banking focuses on promoting eco-friendly practices within the banking sector to reduce its carbon footprint. It involves two main approaches: first, banks should adopt sustainable internal operations by using renewable energy, digitalizing processes, and taking other steps to minimize emissions from their activities; second, banks should finance environmentally friendly projects that contribute positively to the planet. The goal of green banking is to reduce pollution while benefiting society and the environment. By implementing these practices, banks can lower operational costs and reduce both their internal carbon footprint and external emissions from the projects they support.

Keywords:
Green banking, problems, prospects, economy, environment