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Green Banking Practices: A Study on Environmental Strategies of Banks with Special Reference to State Bank of India

Author

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  • Dr. Gobinda Deka

    (HOD & Associate ProfessorDepartment of Banking, CKB Commerce CollegeJorhat, Assam, India.)

Abstract

The world faces a great challenge of environmental degradation during the process of economic development. Banking sector as responsible stakeholders in this regards can do better contribution towards the environment by adopting various green banking practices. Green banking practices mean promoting environment-friendly practices and reducing carbon footprint from day to day banking activities. Green banks or environmentally responsible banks do not only improve their own standards but also affect socially responsible behavior of other business. Banks in India especially the largest commercial bank State Bank of India has developed several green banking initiatives. Recently the bank has introduced various paperless banking practices for their customers. Adopting these practices the customers can contribute a lot towards the environment. This paper aims to highlight the green banking initiatives made by SBI in Assam and attempt has been made to discuss the environmental and other benefits of these practices.

Suggested Citation

  • Dr. Gobinda Deka, 2015. "Green Banking Practices: A Study on Environmental Strategies of Banks with Special Reference to State Bank of India," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 6(3), pages 11-19, September.
    • Handle: RePEc:aii:ijcmss:v:6:y:2015:i:3:p:11-19
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    Cited by:

    1. Teresa C. Herrador-Alcaide & Montserrat Hernández-Solís & Susana Cortés Rodríguez, 2023. "Mapping barriers to green supply chains in empirical research on green banking," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-16, December.
    2. Saif, Mashaal A.M. & Hussin, Nazimah & Husin, Maizaitulaidawati Md & Muneer, Amgad & Alwadain, Ayed, 2024. "Beyond conventions: Unravelling perceived value's role in shaping digital-only banks' adoption," Technological Forecasting and Social Change, Elsevier, vol. 203(C).
    3. Nazia Nazeer & Saher Ali & Aliza Rind, 2022. "Using Mixed-Method to Explore Barriers and Cues to Action in Adoption of Green Banking Practices in Commercial Banks of Pakistan," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 12(4), pages 136-153.
    4. Mashaal A. M. Saif & Nazimah Hussin & Maizaitulaidawati Md Husin & Ayed Alwadain & Ayon Chakraborty, 2022. "Determinants of the Intention to Adopt Digital-Only Banks in Malaysia: The Extension of Environmental Concern," Sustainability, MDPI, vol. 14(17), pages 1-32, September.
    5. Sabbir Hassan Chowdhury & Sanjoy Kumar Roy & Murshedul Arafin & Sifat Siddiquee, 2019. "Green HR Practices and Its Impact on Employee Work Satisfaction – A Case Study on IBBL, Bangladesh," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 3(3), pages 129-138, March.

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