Kumar, Ritesh (2014) Bank and Sustainability. In: Governance for Sustainable Development and Inclusive Growth : Myths & Realities. Inderprastha Engineering College , Ghaziabad, pp. 14-18. ISBN 978-81-929040-0-9

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Abstract

Sustainable development and environment protection are the two major concern of the business fraternity apart from the profit motive. This has lead sustainability become an integral part of any business strategic decision making process. The corporate today have shifted their focus from single bottom line i.e. Profit to the wider approach of “Triple Bottom Line” as it focuses on economic, social and environmental performance simultaneously. And so the question arises as to how the financial sector and especially the banks can play a major role in this global effort of sustainability? Due to their intermediary role in the economy banks hold a unique role and responsibility towards sustainability. The concern of the banking towards environment has lead to the term called Green Banking or Sustainable Banking. This paper aims at understanding the response of Indian banking sector to the growing concern of the environment and its sustainability.

Item Type: Book Section
Uncontrolled Keywords: Sustainable Development, Triple Bottom Line, Green Banking, Sustainable Banking
Subjects: Methane Emission and Degasification
Divisions: UNSPECIFIED
Depositing User: Mr. B. R. Panduranga
Date Deposited: 06 Nov 2017 03:48
Last Modified: 06 Nov 2017 03:48
URI: http://cimfr.csircentral.net/id/eprint/1864

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