Green Banking Practice in India: A Case Study of Bank of Baroda

Abstract

The primary objective of this research study is to examine the influence of green banking practises on the financial performance of Bank of Baroda.Nowadays, practically all nations are converting their traditional methods to environmentally friendly methods across all fields. The banking industry is hardly an exception. Commercial banks, which are the economy's main drivers of growth, can act as a catalyst for change by implementing greener banking procedures. Adopting greener banking practises will be beneficial in a variety of ways, including increased operational effectiveness, a decreased risk of fraud and manual errors, and cost savings in banking operations, among other things. This paper's main goal is to examine how the leading bank in the Indian banking industry, Bank of Baroda, responds to environmental changes and to present a summary of its actions in light of green banking acceptance, awareness, drivers, obstacles, and gaps, among other things, using secondary data and studies that have already been published.