HR Strategies in Banking Sector Special Reference to Public and Foreign Bank
Journal Title: International Journal of Trend in Scientific Research and Development - Year 2021, Vol 5, Issue 4
Abstract
Presently the competition is going on sky high in the banking industry. Merely tough competitors can persist under these prompt changes. Every single bank wished to face this situation and emerge as victorious, but it was not as easy as one could imagine. But this could be possible somewhat if a desire to work all together for transformation was made. Fast moving and complex world of new techniques andskills had forced banks to consider it and to adjust themselves to the changing banking environment. There was a requirement to advance competencies i.e. skill, knowledge and approach among the bank employees to make them more appropriate to the altering circumstances. Since every human being had potential to do remarkable things and to support him to understand, develop and utilize his her potential, the bank should provide them knowledge and emerging climate as well as prospects. And this was possible only if efficient and effective Human Resource Practices, which would maximize value and minimize cost within the organization, should be applied. But there was no single practice to which all organizations should aspire, but to some extent, each firm must have a distinguishing Human Resource Management System that represents core competencies required for the survival and sustainability of that particular organization. Best for one firm may not be best for other. The best technique applied last month may not be best for today. Hence in this present competitive world, management of human resources had been a matter of crucial determination of success for the banking industry. Better management of human resource had been more earnestly felt as a vital, in recent decade as before. Thus, with a view of the inevitability of Human Resource in the banking sector, the aim of this study was to examine HR Strategy followed by public and foreign sector banks. Dr. Kamaljeet Bhatia | Dr. Manpreet Kaur "HR Strategies in Banking Sector (Special Reference to Public & Foreign Bank)" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-4 , June 2021, URL: https://www.ijtsrd.compapers/ijtsrd42336.pdf Paper URL: https://www.ijtsrd.commanagement/hrm-and-retail-business/42336/hr-strategies-in-banking-sector-special-reference-to-public-and-foreign-bank/dr-kamaljeet-bhatia
Authors and Affiliations
Dr. Kamaljeet Bhatia | Dr. Manpreet Kaur
Keywords
Related Articles
- EP ID EP695705
- DOI -
- Views 102
- Downloads 0
Effectiveness of Structured Teaching Programme on Promotion of Mental Health in Children among Mothers of Rural Community
BACKGROUND: "No health without mental health" The tender the age;more probability of getting affected"Promotion of mental health is a recommended intervention and a step lead ahead in primary level prevention. Latest Nat...
Review on Improved Method for Supporting Privacy Protection in Personalized Web Search
Customized web inquiry has meant its achievement in enhancing the evaluation of distinctive pursuit administrations on the web. The verification uncovers that client's unwillingness to tell their own data amid hunt has t...
External Environmental Factors and Organizational Productivity in Selected Oil Service Firms in Port Harcourt
External environment is a firm’s aggregate of factors, exogenous to the organization that may have potential to affect organizational performance. The main objective of the study was to examine the effect of external e...
Motor Imagery Recognition of EEG Signal using Cuckoo Search Masking Empirical Mode Decomposition
Brain Computer Interface BCI aims at providing an alternate means of communication and control to people with severe cognitive or sensory motor disabilities. Brain Computer Interface in electroencephalogram EEG is of gre...
Effect of Normalization Techniques on Multilayer Perceptron Neural Network Classification Performance for Rheumatoid Arthritis Disease Diagnosis
In this study, Doppler signals were recorded from 40 healthy volunteers and the right and left hand ulnar and radial arteries of 40 rheumatoid arthritis patients. Multiple Signal Classification method, one of the subspac...