GREEN BANKING PRACTICES: INITIATIVE FOR SUSTAINABLE DEVELOPMENT

Now a days everybody is more and more concerned and worried about the natural environment, business organizations and companies have started redefining their working culture in view to increase greenery to the maximum extent . Green banking explains combining operational improvements, technology and changing client habits in banking business in an effective manner. This clearly promoting environmental-friendly practices and reducing carbon footprint from banking transactions. The main practices comes in many forms such as – using online banking instead of branch banking ,paying bills online instead of mailing them; instead of large multi-branch banks; or finding the local bank in the area that is taking initiatives to support local initiatives going Green .