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Paper ID:10.55041/IJSREM.GSTCOS097

Evaluating the Effectiveness of Green Marketing Strategies: A Study on HDFC Bank

Stream/Area:

-

Subject:

-

Paper ID:

10.55041/IJSREM.GSTCOS097

Volume:

10 |

7 |

Jul 2026

Pages:

1-9

Publication Frequency:

Monthly (12 issues per year)

DOI
Digital Object Identifier
10.55041/ijsrem.GSTCOS097

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

A

A.Saicharan

Department Of MBA,

CMR Institute of Technology, Hyderabad, Telangana

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Mentors

VVK

V Vijaya Kumar

Department Of MBA,

CMR Institute of Technology, Hyderabad, Telangana

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Abstract

Green marketing has become a strategic response to global environmental challenges, with banks increasingly adopting sustainable practices to reduce ecological impact and enhance brand reputation. This study evaluates the effectiveness of HDFC Bank’s green marketing initiatives in Hyderabad, focusing on customer awareness, perception, satisfaction, and behavioral impact. A sample of 150 respondents was surveyed using a structured questionnaire covering demographics, awareness, perception, satisfaction, behavior, challenges, and suggestions. Statistical tools including Chi square, correlation, and regression were applied to test hypotheses. Findings reveal moderate awareness of green banking, strong adoption of digital services such as UPI and net banking, and positive perceptions of eco friendly practices. Green initiatives significantly influence satisfaction, loyalty, and digital transaction behavior, though challenges such as lack of awareness, technical issues, and security concerns persist. The study concludes that HDFC Bank’s green marketing strategies are effective but require stronger communication, awareness campaigns, and incentives to maximize impact.

KEYWORDS

Green Marketing Sustainable Banking Customer Awareness Digital Transactions Customer Satisfaction Brand Loyalty HDFC Bank

Cite This Article

A.Saicharan, V Vijaya Kumar, "Evaluating the Effectiveness of Green Marketing Strategies: A Study on HDFC Bank," International Journal of Scientific Research in Engineering and Management, vol. 10, no. 7, pp. 1-9, Jul 2026. https://doi.org/10.55041/ijsrem.GSTCOS097

Full Article/Conclusion

The study concludes that HDFC Bank’s green marketing initiatives are effective in shaping customer perception, satisfaction, and loyalty. Green initiatives align environmental goals with digital adoption, encouraging customers to use eco‑friendly services. However, awareness gaps and communication challenges remain. Trust and transparency are critical for enhancing loyalty, and younger demographics are key drivers of adoption.

References

1.               Chen, Y. S. (2010). The drivers of green brand equity: Green brand image, green satisfaction, and green trust. Journal of Business Ethics, 93(2), 307–319. https://doi.org/10.1007/s10551-009-0223-9 (doi.org in Bing) 2.               Dangelico, R. M., & Vocalelli, D. (2017). “Green Marketing”: An analysis of definitions, dimensions, and relationships with stakeholders. Business Strategy and the Environment, 26(4), 457–475. https://doi.org/10.1002/bse.1932 3.               Jain, S., & Kaur, G. (2004). Green marketing: An attitudinal and behavioral analysis of Indian consumers. Global Business Review, 5(2), 187–205. https://doi.org/10.1177/097215090400500203 (doi.org in Bing) 4.               Kumar, V., Rahman, Z., Kazmi, A. A., & Goyal, P. (2012). Evolution of green marketing: A literature review. International Journal of Business and Management, 7(2), 73–81. https://doi.org/10.5539/ijbm.v7n2p73 (doi.org in Bing) 5.               Mishra, P., & Sharma, P. (2010). Green marketing in India: Emerging opportunities and challenges. Journal of Engineering, Science & Management Education, 3(1), 9–14. 6.               Reserve Bank of India (2017). Report on Trend and Progress of Banking in India. RBI Publications. Retrieved from https://www.rbi.org.in 7.               Singh, N., & Pandey, A. (2012). Green marketing: Policies and practices for sustainable development. International Journal of Management and Social Sciences Research, 1(1), 1–8. 8.               HDFC Bank (2024). Sustainability and CSR Report. HDFC Bank Ltd. Retrieved from https://www.hdfcbank.com 9.               Peattie, K., & Crane, A. (2005). Green marketing: Legend, myth, farce, or prophesy? Qualitative Market Research: An International Journal, 8(4), 357–370. https://doi.org/10.1108/13522750510619733 (doi.org in Bing) 10.            Sharma, N., & Sheth, J. (2020). Consumer responses to sustainability initiatives in banking: Evidence from India. Journal of Consumer Marketing, 37(6), 675–686. https://doi.org/10.1108/JCM-02-2020-3601 (doi.org in Bing)

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Publication Date

7/5/2026

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