Investment Feasibility Of Green Banking Practices And Its Impact On Financial Performance Of Banks
DOI:
https://doi.org/10.64252/e6s4d692Keywords:
Green Practices, SBI, ATMS, Mobile Banking, Internet BankingAbstract
Integrating financial parameters with green innovations has illuminated the pathways to the future development of banks. The present study explores in estimating the Investment feasibility of Green Practices and its impact on financial performance of Banks.
Green banking is a recent worldwide developing concept, and there is a huge demand for further exploration regarding green banking practices [42]. However, there is a lack of literary work on the relationship between financial performance and green banking disclosures in Bangladesh. This article is an attempt to fill that gap. The methodology involved collecting secondary data from banks website. The performance was assessed on two green practices i.e., ATMs and Mobile Banking.Analysis is conducted using statistical techniques One way and ANOVA
The research revealed that banks investment on green practices had a significant impact on financial performance of State Bank of India (SBI).Overall, the study contributed significantly to fostering sustainability within the banking sector, empowering banks to enhance their financial performance while contributing positively to the environment and society.