Published Online: February 02, 2026
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India's banking system is balancing economic growth with environmental protection through the introduction of green banking. While not widely used, some Indian banks are beginning to adopt green banking practices, financing renewable energy projects and sustainable farming. However, challenges include lack of awareness, high costs, and lack of clear guidelines. To address these issues, education, rules, incentives, and technology investment are needed. By adopting green banking practices, Indian banks can improve their environmental impact, enhance their image, reduce costs, and compete more globally. This approach can also help banks improve their image and reduce costs.
Keywords
Green Banking; Sustainable Development; Environmental Sustainability; Renewable Energy; Financial Inclusion; Eco-Friendly Practices
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