Human Resource Policies in Banking Sector in India: An Empirical Exploration of Selected Banks

Employees are considered to be the valuable assets of the organization as the source of ideas for innovation, quality and other important inputs needed to compete in the modern competitive world comes from employees and not from inanimate machines. Therefore, organizations are making attempts to provide better HR policies so that employees work with zeal and enthusiasm in the accomplishment of organizational goals. The present study examines the impact of human resource policies on the performance of employees in banking sector in India. A sample of 109 employees from some selected banks namely State Bank of India, Punjab National Bank, Canara Bank and Allahabad Bank has been selected for the study. Data have been collected through questionnaires designed on a five point Likert scale from Aligarh, Agra, Mathura, Ghaziabad and Delhi. Mean, Standard deviation and linear regression has been used as the statistical tool for analysis. The analysis of data highlights that there is a significant impact of HR policies on the performance of employees banking sector.