Hrm in Banking Sector
Lenovo
PREPARED BY: Team 2: Group Beta
Members:
Akhilesh Nair
Lakshmi S
Nikhil Kumar
Murali Krishna M
Rohit Parimal
Naveen Chowdari
Saurabh Singh
Saurabh Singh
HRM in Banking Sector
TABLE OF CONTENTS
1. Overview of Banking Sector.......................................................................4 2. Challenges faced by Human Resource Managers in banking sector...........8 3. Study of prominent banks in Indian Banking Sector..................................13 4. Comparison Of Policies In Public Sector and Private Sector Banks............36
1.Overview of Banking Sector:
A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital markets. A bank connects customers that have capital deficits to customers with capital surpluses.
Banking sector is the back bone for growth of any economy. Banks have seen over the world a huge change scenario in all facets of business and technology over the past few decades. From a cheque based banking system to internet banking in today's world, the banks have broadened their way of business to survive and prevail by accepting and implementing challenges and changes from the core.
In the recent past , with the advent of Euro Zone crisis and debt crisis in major world economies, the global banking institutions are facing survival, growth and development issues.
Overview of Global Banking Sector
Worldwide assets of the largest 1,000 banks grew 16.3% in 2006/2007 to reach a record $74.2 trillion. This follows a 5.4% increase in the previous year. EU bank have the largest share, 53%, up from 43% a decade earlier. The growth in Europe’s share was mostly at the expense of Japanese banks whose share more than halved during this period from 21% to 10%. The share of US banks remained relatively stable at around 14%. Most of the remainder was from other Asian and
PREPARED BY: Team 2: Group Beta
Members:
Akhilesh Nair
Lakshmi S
Nikhil Kumar
Murali Krishna M
Rohit Parimal
Naveen Chowdari
Saurabh Singh
Saurabh Singh
HRM in Banking Sector
TABLE OF CONTENTS
1. Overview of Banking Sector.......................................................................4 2. Challenges faced by Human Resource Managers in banking sector...........8 3. Study of prominent banks in Indian Banking Sector..................................13 4. Comparison Of Policies In Public Sector and Private Sector Banks............36
1.Overview of Banking Sector:
A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital markets. A bank connects customers that have capital deficits to customers with capital surpluses.
Banking sector is the back bone for growth of any economy. Banks have seen over the world a huge change scenario in all facets of business and technology over the past few decades. From a cheque based banking system to internet banking in today's world, the banks have broadened their way of business to survive and prevail by accepting and implementing challenges and changes from the core.
In the recent past , with the advent of Euro Zone crisis and debt crisis in major world economies, the global banking institutions are facing survival, growth and development issues.
Overview of Global Banking Sector
Worldwide assets of the largest 1,000 banks grew 16.3% in 2006/2007 to reach a record $74.2 trillion. This follows a 5.4% increase in the previous year. EU bank have the largest share, 53%, up from 43% a decade earlier. The growth in Europe’s share was mostly at the expense of Japanese banks whose share more than halved during this period from 21% to 10%. The share of US banks remained relatively stable at around 14%. Most of the remainder was from other Asian and