Impact of Sustainable Banking (E-Banking) on the Organisational Commitment Level of Bank Employees in Delhi

Introduction

Deforestation, global warming, climate change are some of the major issues that need to be addressed urgently. Deforestation is the result of cutting of trees for meeting various human needs. It is defined as the mass cutting of trees for the facilitation of human activities One such need for which we chop trees is the need for paper. Going paperless or reducing paper consumption can reduce deforestation. One way of resolving these issues is moving towards a sustainable way of development. Through sustainable development, we plan to take care of not only present generation but also the coming generations. Sustainable banking is one way through which we can promote Sustainable development.

Sustainable banking refers to “Any form of financial service that brings together environmental and social criteria into the banking field or investment decisions for the benefit of society at large”. Sustainable banking is all-round development as it takes into consideration all the stakeholders of the organization. Bankers devote major time of their lives in banks and therefore can be considered to be one of the important stakeholders of banks. Sustainable banking can be understood in simple terms as a process of modifying banking products and services in a way that they help create more prosperous society. Even after a great interest shown by different levels of society in a sustainable business, there has been no study found to be showing the impact of Sustainable Banking on the organisation commitment level of bank employees in Delhi region.

Background

Electronic banking has made the traditional banking system more sustainable and future oriented. The traditional system of banking revolved around documentation and paper work. But the electronic banking system of today has replaced the queue system with a press of button.