Economics, Econometrics and Finance
7 years ago

Private Sector Banks Lead in Implementing Innovative HRM Practices in India.

MANTHAN Journal of Commerce and Management
Innovative HRM Practices: A Comparison of Public and Private Sector Banks of India
Harjeet Kour, Kamlesh Gakhar

Paper Summary

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Public sector banks in India are adopting innovative HRM practices to compete with private sector banks. A study compared 8 banks and found that private banks are more advanced in implementing these practices. The study looked at areas like recruitment, training, performance management, compensation, career development, motivation, and security. Results show significant differences between public and private banks in implementing these practices.