Facebook Twitter Instagram
    Trending
    • Green Marketing
    • Mutual Fund : Conceptual Framework
    • Significance of ICT in Modern Day Businesses
    • Sustainable Banking: A Conceptual Overview
    • Venture capital (VC)
    • Customer Retention Concept
    • Brand
    • Consumer Decision Making Process
    Facebook Twitter LinkedIn Pinterest RSS
    Info-Desk
    • Home
    • Business Studies
    • Banking
    • Social Science
    • Finance
    • Management
    • General
    • Marketing
    Info-Desk
    You are at:Home » Need for Human Resource Development (HRD) in Bank

    Need for Human Resource Development (HRD) in Bank

    0
    By InfoDesk on September 20, 2022 Management

    Need for Human Resource Development (HRD) in BankHRD as a concept demands a specific and congenial climate to take root. It enriches the work life in banks and aims to link productivity with a sense of personal fulfillment. HRD involves all management decisions and practices that direct, affect, or influence the Human Resources in the banks. In recent years, increased attention comes from the realization that the bank employees enable the banks to achieve its goals and the management and development of these resources is critical to a bank’s success.

    HRD is useful to both bank and its employees:

    • It enables a bank to build managerial resources of quality and leadership.
    • It inculcates an effective culture of teamwork.
    • It creates value systems, which are conducive to growth.
    • It motivates employees to provide prompt and innovative services to customers.
    • It creates a sense of belonging among the staff.
    • It will help a bank to develop and utilize the potential of the workforce so as to achieve its goals.
    • It will help to develop and maintain the quality of work life in the bank/branch.
    • It will improve the behavioural patterns of the staff and their commitment to the bank.

    HRD can offer the following benefits to employees:

    • To sharpen existing skills.
    • To acquire new skills.
    • To discover and exploit their potential.
    • To improve overall personality and career prospects.
    • To perform existing and future roles effectively.
    • To provide job satisfaction and self-actualization.

    Thus, HRD helps to make a bank and its staff more effective and strong.


    For citing this article use:

    • Apparao, D. C. (2015). A study on human resource development practices in indian banking sector.
    HRM
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    InfoDesk
    • Website

    Related Posts

    Difference between Organization & Management

    Scope, Significance & Characteristics of Employer Branding

    Human Resource Development Climate (HRD Climate)

    Comments are closed.

    Recent Posts
    • Green Marketing
    • Mutual Fund : Conceptual Framework
    • Significance of ICT in Modern Day Businesses
    • Sustainable Banking: A Conceptual Overview
    • Venture capital (VC)
    • Popular
    • Recent
    • Top Reviews
    May 10, 2021

    Fix Keyboard not working in Windows 10 search and start menu

    June 10, 2021

    Human Resource Management (HRM)

    July 3, 2021

    Tools of Performance Management

    August 8, 2023

    Green Marketing

    May 6, 2023

    Mutual Fund : Conceptual Framework

    April 28, 2023

    Significance of ICT in Modern Day Businesses

    Latest Galleries
    Latest Reviews
    Copyright © 2023 InfoDeskBD

    Type above and press Enter to search. Press Esc to cancel.