A Comparative Analysis of Human Resource Practices among Public and Private Sector Banks in Telangana State

The Indian banking system consists of public sector banks, private sector banks, foreign-owned banks, regional rural banks and co-operative banks. The performance of any industry is dependent largely on the efficiency of its employees and Indian banking industry is no exception. Contemporary organizations are competing for a larger market pie by employing various strategies and human resources are being considered as a strategic partner with far – reaching transformational roles and responsibilities. Therefore, the focus has shifted towards enhancing the capacities and capabilities of the human resources through different methods, and one being training and development. In this context, an attempt is made in this research to compare the human resource management (HRM) practices of public and private sector banks in Telangana state. Earlier research studies at the national level and various state-level research studies have been examined to understand the HRM practices of the Indian banking industry. It was found that the HRM practices in the Indian banking industry have evolved over a period of time and the HRM practices of Indian private sector banks are better than the Indian public sector banks.