Proceedings of the Sustainability in emerging economies - Integrating business excellence in management education (SEE-IBEME-2024)

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Role of Commercial Banks in Greening Indian Financial System

Authors
Anuradha Sahu1, Paramjit Singh Lamba2, *, Neera Jain3
1Management Development Institute Gurgaon, Gurugram, India
2Management Development Institute Gurgaon, Gurugram, India
3Management Development Institute Gurgaon, Gurugram, India
*Corresponding author. Email: tra_paramjit_l@mdi.ac.in Email: paramjitlambaglobal@gmail.com
Corresponding Author
Paramjit Singh Lamba
Available Online 6 May 2025.
DOI
10.2991/978-94-6463-696-3_12How to use a DOI?
Keywords
Green brand; Green trust; Green banking; Sustainability; Environmental protection
Abstract

Sustainable development relies on effective regulatory frameworks and economic instruments, with banks playing a critical role. In an increasingly globalized economy, banks face environmental risks that impact their assets and profitability. Green banking promotes sustainable finance by integrating environmental, social, and governance criteria into decision-making. This qualitative study interviewed 35 senior decision-makers at Indian banks to explore the role of commercial banks in advancing green finance. This research explores the critical role that commercial banks play in the advancement of green finance. This study contributes to the academic body of knowledge by examining the existing green practices and proposing a framework to understand how banks can facilitate greening the financial system. The practical contribution of this study include recommendations of what banks may implement at their workplace to foster an environmentally conscious financial system. The insights from this study will inform policy makers, banking decision makers, and other stakeholders on the strategies to adopt to ensure resilience and sustainability within the financial sector.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the Sustainability in emerging economies - Integrating business excellence in management education (SEE-IBEME-2024)
Series
Advances in Economics, Business and Management Research
Publication Date
6 May 2025
ISBN
978-94-6463-696-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-696-3_12How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Anuradha Sahu
AU  - Paramjit Singh Lamba
AU  - Neera Jain
PY  - 2025
DA  - 2025/05/06
TI  - Role of Commercial Banks in Greening Indian Financial System
BT  - Proceedings of the Sustainability in emerging economies - Integrating business excellence in management education (SEE-IBEME-2024)
PB  - Atlantis Press
SP  - 180
EP  - 200
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-696-3_12
DO  - 10.2991/978-94-6463-696-3_12
ID  - Sahu2025
ER  -