An Empirical Study of Human Resource Management in the Private Sector and Public Sector Banks-Selected Case Study (Punjab National Bank & ICICI Bank)

Author:Ramandeep Kaura*, N.P. Singhb

Abstract:
The term transformation in Indian banking sector started with the inception of the reform period & IT revolution and this change has seen unprecedented growth in the banking sector which has also affected the HR composition also. The banks are striving for leveraging synergies and this can only be achieved with proper and efficient HRM. The objectives of study is to examine the trends of human resource in the selected banks, to examine profit per employee & cost per employee and to compare which bank is able to utilize human resource in the best possible manner. The study period taken into consideration is of 10 years i.e. 2006-2015.The main parameters of study are: Growth in the number of employees, Business per employee, Net Profit per Employee, Ratio of wage bill to intermediation cost, Ratio of wage bill to total expenses, Ratio of wage bill to total Income. The performance of ICICI bank is better than PNB.

Keywords:Key Words: ICICI–Industrial Credit investment Corporation of India, PNB-Punjab National Bank, HRM- Human Resource Management.

DOI:

International Journal of Trade & Commerce (Vol: 5 Issue:2)