Green Banking in India: A Step Towards Sustainable Development

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Observational analysis reveals significant progress in green banking, indicating a push towards sustainable finance in India.

Green banking shows promise in supporting India's commitment to net-zero emissions by 2070.
Evidence from secondary data indicates progress in the adoption of green finance mechanisms like green bonds.
Regulatory changes post-2010 have spurred public and private banks to engage in sustainable banking practices.
Although advances are noted, gaps in awareness and regulatory enforcement still limit effectiveness in environmental risk assessment.

Upadhyay et al. (2025) studied this question.

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