GREEN BANKING IN INDIA: AN EMPIRICAL STUDY OF COMMERCIAL BANKS

Today across the world the biggest problem is environment management and reducing the damage to the natural resources and global warming. It is the responsibility of every individual as well as institutions in the world to work in this direction. Lots of agencies are doing research on various related topics and from the literature review it is observed that in India RBI has already given a direction for the banks through circulars to implement certain strategies for betterment of the environment. So this leads to the question, which banks are green? This paper tries to study the practices in the various commercial banks in India and to find whether they are promoting environment friendly practices or not. Key words: Sustainable development, IDRBT, Green Coin Rating.