NABARD - Student Internship Scheme 2016-2017 - page 79

Summary No-31
Profile of the Student:
Name:Ashwani Pushkar
Degree / Course:MMS Finance
Institute / University: Sydenham Institute of Management Studies, Research &
Entrepreneurship Education (SIMSREE), Mumbai
Profile of the Mentor:
Name: Sanjay Kumar Dora
Designation: DGM
Department: FSPD
Name of Office: Head Office, Mumbai
Objectives of the study:
a. To understand the awareness and commitment level of banks w.r.t green initiatives & climate finance.
b. To identify the key drivers for climate finance.
c. To identify perceived challenges
d. To understand voluntary measures undertaken.
e. To get an insight of innovations and future plans of Banks in climate finance and green initiative.
Research Methodology:
It’s a descriptive research where convenience sampling was done. The methodology consists of
identifying the banks across public sector, private sector as per the market capitalization of the banks
or geographical spread. Also Regional Rural Banks (RRBs) and State Cooperative Banks (SCBs) were
included in sample. The use of market capitalization gives an indication of the how the market values a
particular bank and a comparison of the green practices by such a bank. After identification of the banks,
the next step is the Study of reports of the individual banks, RBI, various websites for the collection of
the required secondary data.
Sample: Data was collected from the banks (Private, Public, RRBs & SCBs during 20.05.2016 to
08.06.2016. A questionnaire was designed and circulated to over 30 banks through mail and regular
follow up was done. Field visits to corporate office of few public and private banks were undertaken
Sample size: 30 Banks where 24 are primary respondents while rest are covered under case study
approach (based on secondary data sources)
Major Findings:
Findings are grouped under six major headings:
1. Weighted average score of importance of climate issue turned out to be 3.94 out of 5 i.e 79%.
2. 61% of respondents said Climate Change was on their agenda.
3. Only 4 % of respondent had separate department looking after climate finance.
4. 61% of respondent banks had CSR policy in place.
1...,69,70,71,72,73,74,75,76,77,78 80,81,82,83,84,85,86,87,88,89,...138
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