The increasing concern for environmental sustainability by the banks has given rise to concept of Green Banking. Green banking is concerned with promoting the environmental friendly practices thereby reducing carbon footprint from banking activities. The banks and financial institutions can play an important role in promoting environmental sustainability through green banking practices that can influence the attitude of the stakeholders towards the environment. Green banking is always considered a boon to the growing society and is linked to environmental protection and sustainable development (Drakshayani, 2019). Many countries have adopted green banking practices in an attempt to address the issue of sustainability. Green banking is proactive in nature and a smart way to think towards future sustainability. Keeping this in mind, the present study aims to examine the green banking initiatives and the green practices adopted by the Indian Banking Sector. The key benefits of green banking for various stakeholders are also studied. The study is exploratory in nature and uses secondary sources of data collection. The most common green banking practices adopted by the Indian Banking Sector have been identified as online banking, mobile banking, fund transfer, bills payment etc. but still a vast area of green banking like innovation of green products and services such as green mortgage, green fund, investment in renewable energy, energy efficiency techniques etc. is untouched.
