Banking Ethics in India and UK

By

ACKNOWLEDGEMENT

My thanks go out to all who have helped me complete this study and with whom this project may have not been possible. In particular, my gratitude goes out to friends, facilitator and family for extensive and helpful comments on early drafts. I am also deeply indebted to the authors who have shared my interest and preceded me. Their works provided me with a host of information to learn from and build upon, also served as examples to emulate.

DECLARATION

I, (Your name), would like to declare that all contents included in this thesis/dissertation stand for my individual work without any aid, & this thesis/dissertation has not been submitted for any examination at academic as well as professional level previously. It is also representing my very own views & not essentially which are associated with university.

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TABLE OF CONTENTS

CHAPTER 01: INTRODUCTION1

Background of the study1

Aim and objectives1

Significance2

Reliability & Validity2

CHAPTER NO 2: LITERATURE REVIEW4

Status of banking in India4

Ethical banking in India4

Ethical banking in UK5

Ethical investment funds:6

CHAPTER 03: METHODOLOGY8

Overview of the Mixed Method Research Approach9

Literature Search10

Reliability (If Using Questionnaire)10

CHAPTER 04: ANTICIPATED RESULT11

Ethical initiatives11

REFERENCES13

CHAPTER 01: INTRODUCTION

Background of the study

Ethical banking and free banking, also known as social banking, banking development, multi-channel banking, banking and responsible banking alternative, is a project of financial institution that combines social and environmental benefits to economic profitability of conventional financial institutions. Social banking only provides ethical financial instruments; unlike the other banks may also offer financial products in addition to the conventional sustainable.

Banking Freedom is different from conventional banking in the social nature of the projects it finances, the filter ethical companies in which it invests and the transparency of their actions. Ethical banks refuse to invest in companies involved in arms trafficking, labor exploitation, nuclear power or the destruction of the environment. Finance projects with high social or environmental content: respect for human rights, education, environmental protection, renewable energy, alternative propulsion, occupation of the disabled, developing projects in the Third World (Jeucken, 2005, 21-35). Aim and objectives

The aim of this research is to research on the banking ethics prevailing in India and U.K. Through the research, the researcher aims to achieve the following objectives:

The status of banking system in India and UK

Ethical banking in India

Ethical banking in UK

Significance

Nowadays, banks have seen their contribution to investment and their place in the financial markets change. Their universal structure has enabled bankers to undertake all types of activities. This trend has induced an increasing profitability for most institutions, in particular for the biggest ones.

Banks are involved in a very competitive environment, which sometimes obliges them to adopt risky attitudes. This alternative was the source of conflicts between the banks, the investor and the individual stakeholders. The banks major aim is to maintain their market power; that of the investor is to benefit from the favorable situation on the financial markets; and the individual stakeholders want to favor productive and social values over speculative profit.

Reliability & Validity

The demand to introduce more ethical and social values ...