GreenGreen bankingbanking by by

Kiruthika & NithyaKiruthika & Nithya

IntroductionIntroduction

GREEN BANKING is GREEN BANKING is like a normal bank which like a normal bank which considers all the social considers all the social and environmental and environmental factors; it is also called factors; it is also called as ethical bank. Ethical as ethical bank. Ethical banks have started with banks have started with the aim of protecting the the aim of protecting the environment environment

Green banking coverage Green banking coverage includes:includes:

Sustainable bankingSustainable banking Ethical bankingEthical banking Green mortgageGreen mortgage Green loanGreen loan Green credit cardsGreen credit cards Green saving accountsGreen saving accounts Green checking accountsGreen checking accounts Green cdsGreen cds Green money market Green money market

accountsaccounts Mobile bankingMobile banking Online bankingOnline banking Remote deposit(RDC)Remote deposit(RDC)

Benefits of Ethical/Green bankingBenefits of Ethical/Green banking

Basically Ethical banking avoids as much as paper work, you Basically Ethical banking avoids as much as paper work, you may go green credit cards, go green mortgages and also all may go green credit cards, go green mortgages and also all the transactions done through online.the transactions done through online.

Creating awareness to business people about environmental Creating awareness to business people about environmental and social responsibility enabling them to do a environmental and social responsibility enabling them to do a environmental friendly business practice.friendly business practice.

They follow environmental standards for lending, which is They follow environmental standards for lending, which is really a good idea and it will make business owners to change really a good idea and it will make business owners to change their business to environmental friendly which is good for our their business to environmental friendly which is good for our future generations.future generations.

When you are awarded with a loan, the interest of that loan is When you are awarded with a loan, the interest of that loan is comparatively less with normal banks, because ethical banks comparatively less with normal banks, because ethical banks give more importance to environmental friendly factors they give more importance to environmental friendly factors they do not operate with high interest rates.do not operate with high interest rates.

List of bank adopted “go List of bank adopted “go green” conceptgreen” concept

Indus ind bank Indus ind bank

State bank of India State bank of India

ICICI bank ICICI bank

IDBI bankIDBI bank

Help the people Help the people

Help the planetHelp the planet

Be the change Be the change

You wish toYou wish to

See in the worldSee in the world

─ ─ GandhiGandhi

conclusionconclusion

It is important that Indian bank recognize It is important that Indian bank recognize their environmental and social their environmental and social responsibilities for effective green banking, responsibilities for effective green banking, the RBI and Indian government should pay the RBI and Indian government should pay a proactive role and formulate green policy a proactive role and formulate green policy guidelines and financial incentives.guidelines and financial incentives.

Indian bank should adopt green banking as Indian bank should adopt green banking as a business model without much further a business model without much further delaydelay

Thank youThank you