A Strong financial system is important for any nation to face the challenges of post globalization era. The major challenges that are faced by Indian banking industry are the role of financial instrumentation in different phases of the business cycle, the emerging compulsions of the new prudential norms and benchmarking the Indian financial system against international standards and best practices. These challenges can be met with efficient human resource management. Human resource management (HRM) practices are being increasingly considered as major contributory factors in financial performance of commercial banks.
This research study aims at knowing the HRM practices in commercial banks operating in India and to correlate bank’s performance and HRM practices. The study also identifies the HR challenges faced by the banks and while concluding the research the study suggests improving managerial efficiency and excellence in commercial banks which can be achieved through HRM practices.
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