Review On Impact of Ai on Green Banking Towards Sustainability with Special Reference to Indian Public and Private Bank

Abstract

This paper studies and analysis the role of Artificial Intelligence(AI) in green banking practices adopted by the Indian banking structure as well as its importance in the current scenario. Not only has this but it also includes the banks' involvement and support to achieve UN SDGs and environmental sustainability. This research paper is categories as conceptual in nature, bases on regress review of literature, reviewing websites of financial institutions and published sources. Ample number of published research articles and journals has supplemented this work. This study tries to make a comparative analysis between one of the prominent Indian commercial bank SBI (State Bank of India) and one of the top private Indian banking institute HDFC bank and review to know about the application of AI in adopting green banking practices and their contribution towards sustainability. The paper concluded about the devastating and heart wrenching moments Indians and all round the globe has experienced in the form of landslide, drought and flooding, extreme temperatures have prompted us to think again about global warming and its repercussions and that we are facing and what our future generations are going to face in upcoming decade. The study is examined to be pioneer in the academic literature as it links three crucial elements of present era with future impact i.e. AI, green banking practices and sustainability. This research is the first of its kind in India to tie the banking sector to sustainability and the UN SDGs in addition to bank's green banking practices.