A Study on HRM Practices in Public Sector Banks in Krishnagiri District

Abstract

This article enlightened the banking activity which thrives on the strength of people power " . People are the direct factors of productivity of its services and people are its sole consumers " . Banking was a thriving industry in ancient India. Initially, the industrial houses pioneered banks with a view to generating funds for productive activities and at the same time offered considerable security, liquidity and fair returns to the depositors. In a way, banking continued to be a traditional industry till 1969. When major banks were taken over by the Government of India. With nationalization, banks ceased to be funding agencies only for industrial sector and became a vivacious instrument of social change more statistical data are available in support of the preposition that there is a phenomenal growth of banking industry.