Green Banking means paper lees or paper reduce banking like Mobile banking, i-banking, Card etc. Green Banking is a new concept of Banking where all other financial activities remain same but extra focus are given on sustainability,Environment protection through the reduction of paperless banking.
Green Bank: A green bank is a public or quasi-public financing institution that provides low-cost, long-term financing support to clean, low-carbon projects by leveraging public funds through the use of various financial mechanisms to attract private investment so that each public dollar supports multiple dollars of private investment.
In a brief it is an institution primarily made with the focus of proving finance to companies and customers who are working for Clean Energy initiatives.
Through the green banking initiatives a lot of cost and resources are being saved.
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