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Prabandhan: Indian Journal of Management

ISSN: 0975-2854 Frequency: Monthly Peer Review: Double-blind Published since: 2008 Language: English
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Geographical Locations of Banks as an Influencer for Green Banking Adoption

Open Access Original Article

Geographical Locations of Banks as an Influencer for Green Banking Adoption

Kanak Tara1,  Saumya Singh2,  Ritesh Kumar3,  Muniyan Sundararajan4

1 Research Scholar, Department of Management Studies, Indian Institute of Technology (Indian School of Mines), Dhanbad - 826 004, Jharkhand

2 Associate Professor, Department of Management Studies, Indian Institute of Technology (Indian School of Mines), Dhanbad - 826 004, Jharkhand

3 Scientist, Department of Rock Slope, CSIR-Central Institute of Mining and Fuel Research, Barwa Road, Dhanbad - 826 015, Jharkhand

4 Scientist - Natural Resource and Modeling, CSIR - Central Institute of Mining and Fuel Research, Barwa Road, Dhanbad - 826 015, Jharkhand

Volume 12
Issue 1
Pages 21–35
Year 2019
Received: June 11, 2018 Accepted: Dec. 10, 2018 Published: Jan. 31, 2019
Abstract

The twenty first century began with strong initiatives towards environmental protection and sustainable development as advancements in operations such as transport, manufacturing and process, telecommunication, information technologies, and services etc. around the world became evident. The deteriorating environment at a rapid rate has raised an alarming demand for immediate steps towards protection of the environment and saving of the environment from further deterioration. Today, developmental activities look only at the economic benefits exploiting the limited natural resources in an unplanned and unchecked manner overlooking the needs of the future, and all industrial sectors in the world economy including the banking sector are facing huge challenges with environmental problems and their related impacts in day-to-day businesses. The banking sector and its role in sustainable development was studied through its new initiative to control environmental pollution in the very beginning level of seeking financial assistance for industrial activities and getting assurance from the proprietors, which is commonly recognized as green banking. In this paper, the effect of geographical locations of the respondents on green banking adoption was also studied through statistical analysis of the data collected using a specially designed questionnaire duly incorporating the factors of green banking. The study revealed that geographical locations of the banks played a significant role on the green banking adoption, but no impact was observed due to demographic parameters such as age, gender, experience, and position of the respondents.

Keywords Green Banking Adoption Demographic Parameters Respondent Location of the Bank Indian Banks
How to Cite

Kanak Tara, Saumya Singh, Ritesh Kumar, Muniyan Sundararajan (2019). Geographical Locations of Banks as an Influencer for Green Banking Adoption. Prabandhan: Indian Journal of Management, 12(1), 21–35. https://doi.org/10.17010/pijom/2019/v12i1/141425

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