Institute for Development and Research in Banking Technology defines Green Banking as an umbrella term referring to practices and guidelines that make banks sustainable in economic, environmental, and social dimensions. It aims to make banking processes and the use of IT and physical infrastructure as efficient and effective as possible, with zero or minimal impact on the environment. According to Indian Banks Association, a Green Bank is a bank, which considers all the social and environmental / ecological factors, with an aim to protect the environment and conserve natural resources. It is also known as ethical bank or sustainable bank.
Jyothirlatha B., Chief Technology Officer at Godrej Housing Finance; Rahul Agarwal, Chief Technology Officer at Capri Global Capital; Vishal Nagadiya, Chief Technology Officer at Netafim Agricultural Financing Agency; Atul Khirwadkar, GM & CEO at Kalyan Janata Sahakari Bank; P. Srinivas Rao, CIO at Kalupur Commercial Cooperative Bank and Arti Dhole, Chief Information Officer at Cosmos Bank, discuss threadbare various aspects, related with Green IT and provide their insightful vision.
IMPACTFUL INITIATIVES
This story is from the October 2021 edition of Banking Frontiers.
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This story is from the October 2021 edition of Banking Frontiers.
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