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Volume : IV, Issue : III, April - 2014

GREEN BANKING- ANEED TO FOCUS

Shilpika Laxman, -

By : Laxmi Book Publication

Abstract :

“Green banking” is an effort by the banks to make the industries grow green & in the process restores the natural environment. Climate change has become a global concern as it has direct impact on biodiversity , agriculture, forestry , dry land, water resources& human health. In a globalize economy , it is the time to consider environmental policies because environmental impact might affect to the rate of return & reputation of the business in the long run. Among the business organizations, one of the major economic agent influencing overall industrial activity & economic growth is the financial institution such as banking sector . As a result, bank continuously strives to ensure that its operations are environment- friendly & discourages financing projects contrary to it. Those industries which have already become green and those, which are making serious attempts to grow green, should be accorded priority to lending by the banks.

Keywords :


    Article :


    Cite This Article :

    Shilpika Laxman, -(2014). GREEN BANKING- ANEED TO FOCUS. Indian Streams Research Journal, Vol. IV, Issue. III, http://isrj.org/UploadedData/4469.pdf

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