Promote Paperless Banking: R.K Suri

Promote Paperless Banking: R.K Suri

Director of Union Ministry of Environment & Forests Mr. R.K Suri has asked financial sector to adopting environment friendly practices link paperless and Internet banking, instead of branch banking, in order to help reducing carbon footprint.

Green Channel BankingAddressing the two-day national meet on ‘Environment & Corporate Social Responsibility’ here, Suri also asked banks to offer incentives by way of cheaper funds for adoption of green technologies by industries.

“Banks can adopt green practices such as – paperless services, eco-friendly initiatives like Internet banking/mobile banking, encouraging online banking instead of branch banking and can help reduce carbon footprint,” he said.

“We can also work to reduce the usage of resources such as paper, stationery, vouchers, cheque leaves thereby aiding in environmental protection,” Suri said.

Many banks has already adopted green banking services like Green Channel Counters, Cash Deposit Machine, Internet Banking, Mobile Banking which are promoting paperless banking and reducing carbon footprint.

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