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This paper has been designed to investigate the current scenarios of Green Banking practices in Indian sub-continent and to disclose how central bank’s direct regulatory policy strengthens mandatory Green Banking practice and reporting in a country. This study is mainly a descriptive one based on review of different published literature. Relevant i...
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The aim of this study to investigate the impact of green supply chain practices from the management decision-making level to the implementation of the food industry. We hypothesized that positive Institutional and Leadership Pressures would lead to external and internal Green Practices, which would in turn makes the organizational as well as econom...
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... The World Bank reports the status of six country governance indicators of the individual countries every year available at https://databank.worldbank.org/source/worldwide-governance-indicators . ISSN 2162-4860 2025 governance, etc., and their performance (Chen et al., 2021;El-Chaarani & El-Abiad, 2022;Ghosh et al., 2018;Mollagholamali & Rao, 2022;Puspitasari & Prasetyo, 2019;Rathnayake et al., 2022). Figure 1. ...
This study aims to determine the effects of the country governance on NPLs in lower-middle-, upper-middle- and high-income countries. Using the panel corrected standard error (PCSE) estimation method, this study finds that control of corruption, government effectiveness, rule of law, and regulatory quality can reduce NPLs significantly in high-income and upper-middle-income countries; regulatory quality and control of corruption play the highest role in high-income and upper-middle-income countries respectively. This study also finds significant positive associations between the two governance indicators (control of corruption and rule of law) and NPLs in lower-middle-income countries, and only political stability and absence of violence/terrorism are found marginally significant in the control of the same in this group. To sum up, the impacts of country governance indicators on NPLs differ among three groups of countries. The findings of this study have implications for policy formulation for the banking sector in those groups of countries.
... It is important to ensure that the adoption of green banking is beneficial to stakeholders and implemented step-by-step in parallel with the banks [2,3]. financial services as an alternative to conventional services at a reduced cost to banks and stakeholders alike [16][17][18][19][20]. As consumer awareness and government regulations increase, green banking products will become a popular trend. ...
The adoption of green banking practices has become increasingly popular worldwide due to its focus on environmentally sustainable and ethical banking. As a result, bankers are introducing various green products and services. However, the question remains whether customers are aware of these products. To address this question, an exploratory study was conducted, collecting quantitative data from 3465 bank customers. Based on literature reviews and data analysis, the study found that there are several green banking products that customers are not familiar with. Thus, it is recommended that bankers increase their efforts to promote awareness and usage of green banking products.
... The policy of investment in green projects contributes to the promotion of green space (Rehman et al., 2021). To align banks' operations with society's well-being, the central bank of Pakistan; SBP has issued a guide namely 'SBP Green Practices Guidelines' (Ghosh et al., 2018). The objective behind issuing this guideline is to decrease susceptibility of banks from risks and threats resulting from the environment, fulfill their duties and responsibilities for the safety and protection of the environment and provide the finance for transformation of the economy into resource-efficient and climate-resistant one. ...
The purpose of current research is to evaluate commercial banks’ performance regarding Green Banking (GB) practices using State Bank of Pakistan’s (SBP) framework as criteria. The study aims to rank and compare commercial banks with respect to their acceptance, adoption and implementation of green guidelines issued by SBP. The research design comprises of systematic review of literature, data extraction and analysis. Literature review consists of overview of GB practices in global banking industry as well as local industry of Pakistan. SBP has issued guidelines and required its commercial banks to transform banking practices towards green practices as a step towards sustainable green economy. The study is cross-sectional; the data collection involves content analysis of annual reports of commercial banks of Pakistan for the year 2021. Out of total forty-one banks, fourteen banks are shortlisted, using purposive sampling method, that have disclosed information about their GB practices in their annual reports. Analysis is performed using Multi-Criteria Decision Making technique (MCDM) of ‘Technique for Order Preference by Similarity to Ideal Solution’ (TOPSIS). As per findings, Habib Bank Ltd. is at the top of bank rankings, Allied Bank is at the second and Soneri Bank is at the third rank in initiating, implementing, disclosing and obtaining positive outcomes out of their green banking initiatives. The study has implications for regulators, policy makers and practitioners. It can fill the gap in literature by adding a discussion on an important topic that is being ignored by previous researchers. The regulatory institution (i.e. SBP) can learn performance of its banks on GB guidelines. The practitioners can evaluate themselves on green practices scale and learn on how to improve their practices to perform better ahead of competitors.
... Banks will select projects with an assessment of risks related to the social environment and give priority to lending or investing in projects that protect the environment or pose little threat to the environment. Regulations on environmental laws are included in the assessment and compliance, and environmental and social impact assessment tools are developed to carry out the evaluation and appraisal of projects before lending and guiding towards sustainable growth and green development, encouraging businesses to protect the environment and fulfill social responsibilities (Areej & kadhim, 2022;Aleem & Bowra, 2020;Ghosh et al., 2018). ...
Purpose: Research on factors affecting the development of green banking and green economy in Vietnam. The authors proposed policy implications that contribute to developing green banking and green economy in Vietnam based on the research results. Theoretical framework: Applied theoretical foundations and research model. In this part, the authors present the theoretical basis of green banking and green economy; as domestic and foreign studies related to green banking development, thereby building research models and developing research hypotheses. Method/design/approach: In research methods, the authors presented research methods such as qualitative research, preliminary quantitative research, and formal quantitative research. These methods are expressed through the research process and scale adjustment to test the research hypotheses. Besides, the authors continue to collect data for the official quantitative research method. This data is collected through a questionnaire survey of about 900 officers and employees of 15 commercial banks in five provinces and the city of Vietnam. Results and conclusion: The research results suggest some policy implications and recommendations to promote green banking development toward sustainable economic development in the long term. Many countries worldwide, including Vietnam, have chosen to develop green banking development and green economy. Research implications: Helping bank leaders assess the awareness and concern of bank staff about green banking and customers' understanding, needs, and desires for green services. Finally, banks design green banking products and services in line with the requirements of customers and the green economy.
... In the context of deep integration into the world economy, many difficulties and challenges are posed to the banking system, primarily commercial banks. Because according to international practices, the capital adequacy ratio of commercial banks must be 9% or more; if this ratio is not guaranteed, commercial banks will not be able to expand operations, even (Chua & Oh, 2011;Ghosh et al., 2018). Financial capacity represents the green financial ability so that the bank can carry out business activities effectively, and it is a measure of the bank's ability to mobilize and use financial resources, resources in society, including green credit development and green projects, green consumption (Goyal & Joshi, 2011;Borgers & Pownall, 2014). ...
Purpose: The objectives determine factors affecting green banking development in Vietnam. The authors proposed policy implications that contributed to the green banking development in Vietnam. Theoretical framework: For long-term sustainable economic development, many countries worldwide have chosen to develop a green economy, including the theory of green banking. Design/methodology/approach: The research method of the paper is a combination of qualitative and quantitative research methods. Qualitative research was conducted with a group discussion technique, checked the scales used, and consulted with banking managers on the research issue, thereby building the scales included in the research model and setting up and completing the questionnaire. Quantitative research was carried out from January to February 2023. Processing data by statistical methods, analyzing EFA and CFA, using linear structural model analysis (SEM) to test the fit of models and hypotheses with SPSS 20.0 software and Amos. Findings: The article showed that banking technology substantially impacts green banking development among eight factors. Research, Practical & Social implications: The study has inherited and supplemented the scale in the model and a new set of scales used to evaluate the development of green banks, systematized, increased, and developed more basic theoretical issues about banking green. Originality/value: The paper's originality and value help researchers, managers, and policymakers for Vietnamese commercial banks, in particular, and the banking industry, in general, to apply to contribute to the development of green banking and the green economy in the future.
... Presently, the banks are achieving sustainability in the entire banking industry, not only in Bangladesh, but also across the globe, due to the adoption of green banking and suitable infrastructure development. A similar study was conducted by Rajesh and Dillep (2014) and focused on the concept of the role of banks in achieving sustainable economic development through green banking (Ghosh, Ghosh & Chowdhury, 2018) actions. Finally, the researcher concludes that the banks that are taking care of green banking activities should get incentives and those not concerned about this should get disincentives; this is a prerequisite for the success of green banking. ...
The present study analyses existing studies on various issues of Indian commercial banks related to non-performing assets
(NPA). The problem of NPA is not only precarious in India, but also across the globe. In other words, NPA is like a large red balloon, a
red signal for the banking system in India. The reason for the investigation is to analyse the accessible literature, to place in a nutshell the
various points of view of NPAs. The article divides the existing literature into different sections, for a detailed analysis of the identification,
growth and composition, determinants, financial ratios, recovery channels, financial sustainability, and other aspects of NPA management
of commercial banks. The papers which have been chosen for the literature reviews are based on a systematic literature review. The
research papers and articles have been selected by searching keywords in the abstracts and concluding remarks of the whole database. The
systematic review process conveys and assists in the selection of appropriate articles for the study. The scope of this research will be helpful
to bankers in finding new directions to analyse the management of NPAs, and academicians and researchers in conducting exploratory
research. The study presents the research gaps that occur in the management of NPAs, to explain research that can bring an insight into the
literature. A wide-ranging review of NPA will not only help identify the issues, but also establish effective management of NPAs.
Keywords: Banks, NPA, Recovery Channels, Sustainability
... However, to accelerate sustainable development's goals a revision in green banking policy is required. Again in Bangladesh Ghosh et al. (2018) claimed that compulsory rather than voluntary green banking can create a difference. In Singapore, Sachs et al. (2019) claim, for sustainable development goals achievement, the creation of green projects' opportunities is necessary. ...
... In this regard, previous studies mainly concentrated only on a few green banking's aspects e.g. paperless operations and services in banks, green credit policy, reporting issues of green banking and sustainability, sustainability reporting quality, policies and strategies for financing green projects, and determinants of environmental performance for example (Miah & Rahman, 2017;Cui et al., 2018;Ghosh et al., 2018;Sachs et al., 2019;Permatasari et al., 2020;Rahman et al., 2020). Besides, previous studies mainly concentrated on traditional banks. ...
... Thirdly, this study focuses mainly on Islamic banks. Fourthly, this research is real-time data based as opposed to previous researches that mainly relied on literature reviews such as (Sahoo & Nayak, 2007;Biswas, 2011;Ullah, 2013;Alam et al., 2017;Ghosh et al., 2018). Fifthly this study not only explores the status of green banking but also provides the reasons behind the current status of green banking. ...
The emergence of green banking has greatly increased the fierce competition between Islamic and traditional banks in Pakistan. Therefore, this study explores the current status of green banking in Islamic and traditional banks of Pakistan and the underlying reasons behind that status. A survey with semi-structured interviews was conducted between November 2019 and March 2020 among twenty banks. Overall, the findings reveal that the current level of green banking is low, but that Islamic banks still lead in green initiatives among banks in Pakistan. However, in certain sub-issues of green banking, there exist differences between the two groups of banks in terms of most and least implemented sub-issues. These differences arise from various factors, including the lack of awareness of the need for change, lack of knowledge and skills in green banking, lack of customer and institutional pressure for change, lack of incentives for change, lack of legal power to enforce change, banking culture in general, the culture of resistance to change, and the relative lack of malleability of the existing infrastructure. Further, this study is the first in the literature that describes the level of green banking for Islamic and traditional banks of Pakistan through the green banking index.
... Green management is an evolving concept, under which the organizations tend to watch out the environmental impacts of their project and programs. Organization while providing their core services keep the sustainable development goal of cleaner and healthier environment in consideration (Garg and Sharma 2017;Loknath and Azeem 2017;Ghosh and Chowdhury 2018). All economies want to achieve economic growth and development, which comes at the expense of environment degradation. ...
... Environment friendly initiatives like easy loans, resource conservation and research are being practiced in international banks already whereas, banks like SBI and ICICI in India are following the same path (Tara, Singh, and Kumar 2015). The banking sector of Pakistan faces risk due to behavioural factors which include lack of awareness, lack of environmental literacy, poor infrastructure and lack of funds (Ghosh, Ghosh, and Chowdhury 2018;Javeria, Siddiqui, and Rasheed 2019). Therefore, an attempt is made through this research to examine the level of awareness among bank customers in Pakistan so that their willingness to adopt the green practices can be identified and to implement any policy, if required. ...
Green banking is an emerging concept in Pakistan’s economy. The purpose of this paper is to identify the progress of green banking practices in the banking sector. It tries to examine the individual’s perception and response to the green practices as adopted by the banks. This research is exploratory in nature and attempts to find the association between green banking awareness and customers. Structural Equation Model (SEM) is used as a measurement model and 400 responses were obtained using convenience sampling technique. The result of the study shows that customers are receptive of the change brought on by the banks’ green initiative and are willing to adopt them. Education appears to have a significant positive impact on green banking awareness in the selected sample. The model determines that the green banking awareness is dependent on age, gender, occupation of the individual and is influenced by traits of sustainable banking practices.
... Today, the greatest challenge facing planet earth is global warming. Banks can take environmental issues under their consideration while making financial decisions or advising their clients (Ghosh et al., 2018). Green banking cannot be implemented and the banks cannot reap the benefits of green banking adoption until the users are encouraged to adopt them. ...
... To investigate the relationship between the corporate environment and financial performance, a series of studies have been done. Some found a positive relationship between financial performance and the company's environmentfriendly activities (Ghosh, Ghosh, & Chowdhury, 2018). According to Arnsperger (2014), those organizations including banks are financially stable; which means that they have already "greened" their products and processes. ...
... Banking in-house activities are not much involved with the environment, but they have a considerable impact on client activities. Banks can influence their clients by adopting green banking policies into its operations, mainly in investment and financing operations (Ghosh et al., 2018). So, in the present scenario, financial institutions need to consider environmental performance in making investment decisions or in advising clients (Ahmad et al., 2013). ...
It is now an established fact that we humans are the largest contributors to global warming, through the release of massive amounts of greenhouse gasses (heat-trapping gases) in the atmosphere by the burning fossil fuels to power our energy hungry world, since the start of the industrial revolution. According to the Intergovernmental Panel on Climate Change (IPCC) average global temperature has already risen by almost a complete degree Celsius from the pre-industrial era. This has initiated an extraordinary global response for sustainable environmental management. Moreover, all governments and organizations are expanding their maximum efforts to minimize their carbon footprint and environmental impact. To serve this purpose, the banking industry has responded with a new banking model called Green Banking (GB). Although several nations have adopted green banking initiatives, but banks in Pakistan have not implemented green banking guidelines issued by the State bank of Pakistan (SBP). Therefore, it is necessary to ascertain the factors that influence bankers’ behavioural intention to adopt green banking (BIAGB) in Pakistan. The sample for this study was collected from 300 respondents. The findings of the study reveal that Central Bank Regulations (CBR), Customer Pressure (CP), and Social Competition (SC) all contribute to predicting bankers’ BIAGB.
... The government has also been supportive in promoting sustainable banking and financing activities in the country. Especially, the government's efforts on the way to attain Sustainable Development Goals (SDGs) are very much allied with the sustainable banking ventures [103][104][105]. ...
... Previous reports from 2011 and 2014 emphasized that Bangladesh was far behind in green banking compared to its counterparts from the developed countries [16,104]. However, a more recent report exploring green banking in emerging markets suggests that the country has not only made substantial progress but is also a leader among emerging markets when it comes to green banking regulation [110]. ...
This paper aims to explore the emergence of ‘Green Banking’ in Bangladesh, with a focus on the role of financial regulation and regulators in greening the financial sector. It also examines the contribution and involvement of banks and non-bank financial institutions in promoting green economic transition. The study is based on the review of secondary data collected from various sources, such as quarterly reports, annual reports, websites of the central bank of Bangladesh, and other commercial banks and non-bank financial institutions as well as various articles, and newspapers reports on green banking in Bangladesh. The collected data is reviewed using descriptive statistics. The research results reveal that the central bank of Bangladesh played a major role in greening the financial system of the country by implementing various green policies and regulatory measures. Although Bangladesh is still far behind the developed countries in terms of environmental performance, the country has made a remarkable progress in initiating and expanding green banking practices, infrastructure development, and accelerating green growth in recent years.
