Green Banking: An Overview

Abstract

The problem related to environment, maintaining the ecological balance and environmental sustainability has become issues for debate around the globe. The organizations as well as consumer have understood the importance of the environment for the survival of human beings. The concept of Green banking is comparatively a new concept. It is a paperless banking, which not only reduces the cost of banking activities but also helps in environment sustainability. It promoting environmental friendly practices and reducing carbon footprint from banking activities. It helps in reducing the use of paper, power and energy. This paper covers introduction, meaning, ideal benefit of green banking, methods in green banking and green banking product and services.