A Study Of Trainings Of Selected Banks In India
Journal Title: International Journal of Business and Management Invention - Year 2018, Vol 7, Issue 10
Abstract
Training is described as the acquisition of skills, concepts or attitudes that result in improved performance within the job environment. There are various stages in training – Training Needs Analysis, Training Process, Training and Development, Training Evaluation, Training Effectiveness and Training Impact. In this paper the authors have made an attempt to look into the various individual related parameters and Bank’s related parameters. Also the effectiveness and impact was seen from both individual and Bank’s related parameters. The Literature Review has been conducted to find out what other research scholars have studied about impact of trainings on Banks. The authors tried to study the total response received mainly from the selected Public and Private Sector Banks. The results were almost similar Gender wise, Bank Type wise, Agewise, Marital Status wise, Position wise, Experience wise, Educational Qualification wise and Annual Income wise similar in respect of both the Sector of Banks. The participation was more from the area’s worked in Loans and Advances, Retail Banking and Others. Including HR other areas it was minimal. The training programes attended by the participants particulars related to KYC, Retail Banking, Recovery and NPA Management, Credit Management and Others. The other programmes including HR were minimal. The data was analyzed with the help of pivotal table.The Likert Scale score of the various parameters set out in the questionnaire to the executives of the Banks related to individual and Bank’s showed that out of 31 parameters, 22 were significant and were accepted. However, 9 parameters, were Not Significant and hence rejected. The author’s arrive to the conclusion that training and development plays an important role in the performance not only of the individual, but also of the Bank irrespective whether they are form Public Sector, Private Sector, Foreign or Co-operative Sector. The Likert Scale score was derived from the various parameters set out in the questionnaire related to individual and Banks.
Authors and Affiliations
Abhay Korde, Dr. Kavita Laghate
Keywords
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