India Tells State Banks to Use EVs, Video Calls to Cut Fuel Use
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Article Excerpt
India tells state banks to use EVs, video calls to cut fuel use
The Reserve Bank of India (RBI) has issued a directive to state-run commercial banks, asking them to encourage their employees to adopt electric vehicles (EVs) and increase the use of video conferencing technologies in order to reduce overall fuel consumption. The move is part of an effort by the government to cut down on carbon emissions and promote sustainable practices.
According to sources close to the development, this directive was issued as a part of broader environmental initiatives that aim to foster green banking withi…
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May 18, 2026