The financial sector is an indispensable part of every economy. It stimulates economic growth by generating income from interest rates, mortgages, loans, debt financing, and capital funds. Small actions taken by financial institutions to protect the environment can have a significant impact. In recent decades, there has been a worldwide emphasis on environmentally friendly financial products, which has resulted in a more sustainable environment. This chapter assesses the current state of green initiatives and actions undertaken by various Indian financial institutions and regulators including the RBI, SEBI, and IRDAI. These regulators have taken significant steps such as switching to renewable energy, implementing a waste management system, issuing green loans/bonds, etc to contribute to the protection of the environment.