IJMH – Volume 4 Issue 2 Paper 2

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ROLE OF INDIAN BANKING SYSTEM TOWARDS SUSTAINABLE DEVELOPMENT OF THE SOCIETY-A CONCEPTUAL ANALYSIS

Author’s Name : Mr V Ravikumar | Dr S Chandrakumarmangalam

Volume 04 Issue 02  Year 2017  ISSN No:  2349-7289  Page no: 6-9

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Abstract:

Banks play a crucial role in promoting sustainable development, the industry got off to a late start in acknowledging sustainability as an item on its agenda. In the 1990s, however, it started to play a more active role in sustainable development. The major shift happened when bankers realized poor environmental performance on the part of their clients represented a threat to their business success. This paper emphasizes the concept of sustainability in Indian banking sector and suggest the options to improve sustainable banking in Indian scenario.

Keywords:

Sustainable Banking; CDM; Carbon Credi; Green Lending

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