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A financing of environmental friendly projects by banks B financing of irrigation projects by banks C None of the above D development of forestry by banks
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Green banking meanspromoting environmental friendly practices and reducing your carbon footprintsfrom your banking activities. Green banking aims atimproving the operations and technology along with making the clients habitsenvironment friendly in the banking business. Green banking optimizes costs, reduces the risk, enhance banksreputations and contribute to the common good of environmentalsustainability. So it serves both the commercial objective of the bank as well asits social responsibility. Indian Banks can adopt green banking as businessmodel for sustainable banking.Correct option is B. financing of environmental friendly projects by banks
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