Call For Paper - Upcoming Conferences

Research Article | Open Access
Volume 7 | Issue 3 | Year 2020 | Article Id. IJEMS-V7I3P105 | DOI : https://doi.org/10.14445/23939125/IJEMS-V7I3P105

A Study on Sustainable Finance by Tripura Gramin Bank for Sustainable Rural Development

Puranjan Chakraborty, Dr. Ram Chandra Das

Citation :

Puranjan Chakraborty, Dr. Ram Chandra Das, "A Study on Sustainable Finance by Tripura Gramin Bank for Sustainable Rural Development," International Journal of Economics and Management Studies, vol. 7, no. 3, pp. 25-39, 2020. Crossref, https://doi.org/10.14445/23939125/IJEMS-V7I3P105

Abstract

Tripura Gramin Bank (TGB) is the only Regional ural Bank in Tripura operating since 1976 with the objective of ameliorating of socio-economic condition of the rural population of Tripura. Tripura Gramin bank was facing challenges from the internal and external banking environment in terms of technology, the structure of the business, a policy of Bank, and competition with other commercial banks in the area of operation. Tripura was an environment-friendly state, but in the course of time, there is sustained environmental degradation in terms of deposition of carbon in the environment due to increased motor vehicles, industries, brickfields which is the outcome of unethical commercial practices financed by the bank, which is against the sustainability of ecosystem and environment. This paper is an effort to examine the sustainable finance by Tripura Gramin Bank for the sustainable rural development of Tripura state. Firstly TGB needs to do green finance such as investment in nonconventional energy generating projects, rooftop solar panels, effluent, and waste management projects in the rural area of Tripura. The paper used statistical tools like average annual growth rate, compound annual growth rate, average, etc. The paper finds that the TGB has done sustainable finance for the sustainable rural development of Tripura.

Keywords

Business, sustainable,ruraldevelopment, environment.

References

[1] Ahmed, K.M., Banking in India,  Anmol Publications Pvt. Ltd. New Delhi, (1992).
[2] Desai, S.S.M., Rural Banking in India, Himalaya Publishing House, Mumbai, (1983) .
[3] Şahin, G., Aydin, H.I. and Abaci, B.,Green Banking for a Sustainable Future: Turkey Application. Annals of the Constant in Brancusi, University of TarguJiu, Economy Series,- Information society and sustainable development. (2014) 166-171. 
[4] Sharma, M.N., K, M.S.Gopal, D.R., A study on customer’s awareness on Green Banking initiatives in selected public and private sector banks with special reference to Mumbai. Journal of Economics and Finance, (2014) 28-35.
[5] Sofya Malek Nhamah, Ibraheem Hmdan safer,  Mohammad Al-Abdullah, Tourism and Its Role in Development, SSRG International Journal of Agriculture & Environmental Science– 6(3)(2019).
[6] Nath , V., Nayak, N. Goel, A., Green Banking Practices – A Review.International Journal of Research in Business Management, 2(4)(2014).
[7] Narang, D., Green Banking- A Study of Select Banks in India.International Journal of Management and Commerce Innovations,3(1) (2015) 5-12. 
[8] Sudhalakshmi, K. and Chinnadorai, K.M.,Green Banking Practices in Indian Banks. International Journal of Management and Commerce Innovations,  2(1) (2014) 232-235.
[9] Dr. Bhagyashree Teli, Prof. P.K. Singh, Role of Post Office in Channelising Small Savings in Rural Areas, SSRG International Journal of Humanities and Social Science,  4(6)(2017).
[10] Yadav, R. and Pathak, G.,Environmental Sustainability through Green Banking: A Study on Private and Public Sectors Bank in India. OIDA International Journal of Sustainable Development, 6(08)(2013) 37-48.