2. RESEARCH OBJECTIVE
1.To investigate the impacts of green banking on various financial institutions
2.To find how green banking plays a crucial role for environment
3.To find various green products and services to be used
4.To find the effective benefits of green banking
5.To find initiatives taken by various financial institutions in India
6.To determine the various attempts that have been made by the top public and private
sector banks in India in the said direction.
3. THE GREEN INITIATIVES
RBI-CENTRAL BANK OF INDIA
Initiatives by Private Sector Banks
HDFC Bank
ICICI Bank
Axis Bank
Initiatives by Public Sector Banks
State Bank of India
Bank of Baroda
Canara Bank
4. GREEN PRODUCTS AND SERVICES
Electronic
Send cheques by mail
(paperless) statements
Invest in energy-efficiency upgrades for their home
5. GREEN BANKING WORLDWIDE
GERMAN DEVELOPMENT BANK IN GERMANY
RBC BANK IN CANADA
DOHA BANK IN QATAR
SCOTLAND THE CO-OPERATIVE BANK
HSBC OF UNITED STATES
HANG SENG BANK IN CHINA AND HONG KONG
TD BANK OF NEWYORK
DEVELOPMENT BANK OF JAPAN
6. GAPS IDENTIFIED
Sustainability reporting - formal frameworks and lucid and clear policies pertinent for
banks operating in India.
Training and development of relevant skills within bank employees so that they can use
in core banking operations.
Clear policies are required to altering the present management systems to incorporate
sustainability issues.
Formal information sharing and dissemination platforms need to be defined properly.
Guidance / workshops / training programmes for banks are necessary on CSR focus
areas
