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Abstract
The last few decades have experienced an uncontrollable increase in population, engaging a tremendous burden on natural resources. Many research studies have shown that human influences are the number one causes of global warming, especially carbon omission due to the burning of fossil fuels also by destroying the forests and there are evidences which shows that the first decade of 20th century was the hottest decade ever since 1300 years. Today’s scientists pointed that climate change has the biggest global health threat of the 21st century. Apart from which the wonderful planet of earth is abused in many ways such as excessive farming, use of harmful chemicals, fertilizers and pesticides and excessive use of ground water. Water resources are contaminated to an extent which is not seen ever in the past, the emission of toxic fumes from industry and vehicles has deprived us of clean air. This situation has compelled all the sectors of the economy to immediately take necessary measures to put in action plans in protecting, encouraging and monitoring the green initiative. In this context Banks and other financial institutions can play a prominent role in controlling the pace of environmental degradation. Hence, this paper attempts to throw a light on the concept of green initiatives by select Banks in India.