Effect of Corporate Social Responsibility on Financial Performance: Evidence from Public Sector Banks in India

Since the last decades, sustainability has aroused the interest of corporations, academics, banking sector and the media. Moving towards sustainability, both public & private sector banks aims to have paperless banking to avoid carbon emissions. The proposed study takes into consideration on how the banks are contributing to the financial system risks which are generally affected by sustainability. Banks plays a vital role for economic development and along with this, it also has an important face in society to promote green banking. Therefore, to measure the effect of sustainability on the banks, this study focuses on banks' environmental and social performance, mainly their policies and performance. The study centers its attraction towards the Sustainability Practices adopted by only few of the selected private sector banks in India and its impression on environment. The research is totally based on data collected through different magazines, websites, internet sources, etc.