To Study the Human Resource Management Practices for Innovative Training and Development used by public and private sector banks in Indore

This research looks at the creative HRM (human resource management) techniques used for training and development in Indore's public and private banks. As India's banking sector becomes more complicated due to globalization, privatization, and liberalization, HRM's importance in guaranteeing organizational performance has increased. This study assesses procedures including written exams, job rotation, tailored training plans, and ongoing training needs assessment using data gathered from 320 workers at four banks. According to the report, public and private banks take different approaches to HRM strategies. The private sector places more of a focus on specialized project teams, customized training, and encouragement to utilize newly acquired abilities. These results highlight the need of strategic HRM strategies to maximize organizational development and personnel performance in a competitive setting.

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Publication Details

Journal
Journal of Advances and Scholarly Researches in Allied Education
Published
2025-04-01
DOI
https://doi.org/10.29070/2bmtfj39
Primary Topic
Banking Sector Performance and Management
Type
article
Field-Weighted Citation Impact
0.00
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article

To Study the Human Resource Management Practices for Innovative Training and Development used by public and private sector banks in Indore

Rahul Chaudhari, Priyamwada Dwivedi
Journal of Advances and Scholarly Researches in Allied Education
Banking Sector Performance and Management
article

To Study the Human Resource Management Practices for Innovative Training and Development used by public and private sector banks in Indore

Rahul Chaudhari, Priyamwada Dwivedi
article en

Abstract

This research looks at the creative HRM (human resource management) techniques used for training and development in Indore's public and private banks. As India's banking sector becomes more complicated due to globalization, privatization, and liberalization, HRM's importance in guaranteeing organizational performance has increased. This study assesses procedures including written exams, job rotation, tailored training plans, and ongoing training needs assessment using data gathered from 320 workers at four banks. According to the report, public and private banks take different approaches to HRM strategies. The private sector places more of a focus on specialized project teams, customized training, and encouragement to utilize newly acquired abilities. These results highlight the need of strategic HRM strategies to maximize organizational development and personnel performance in a competitive setting.

Journal of Advances and Scholarly Researches in Allied EducationVol. 22(3)
Krishna University (IN)
Openalex Percentile: Top 82%
Banking Sector Performance and Management
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