NAVIGATING CHANGE: AN IN-DEPTH ANALYSIS OF HR PRACTICES IN THE INDIAN BANKING SECTOR

This research paper delves into the dynamic landscape of human resource (HR) practices within the Indian banking sector, investigating how these practices navigate the challenges posed by a rapidly evolving financial environment. As the banking sector grapples with technological disruptions, regulatory shifts, and changing customer expectations, HR practices play a pivotal role in shaping organizational adaptability and performance. This study aims to provide an in-depth analysis of the strategies employed by banks to manage human capital in times of change. Through an extensive literature review, this paper establishes a foundation for understanding the critical link between HR practices and organizational resilience. Drawing from a diverse range of sources, including academic literature, industry reports, and case studies, the study explores key areas of HR management such as talent acquisition, training and development, performance appraisal, and employee engagement. The examination of these practices is contextualized within the unique challenges faced by the Indian banking sector, offering insights into how HR strategies are tailored to address sector-specific demands. Utilizing a qualitative research approach, this study combines interviews with HR professionals, top management, and employees from various banks, enriching the analysis with real-world perspectives. The findings underscore the significance of adaptable HR practices in driving employee motivation, enhancing skillsets, and fostering a culture of innovation. Additionally, the study reveals the interplay between regulatory frameworks and HR policies, shedding light on how compliance requirements shape HR strategies. This research contributes to the existing body of knowledge by offering a comprehensive understanding of how HR practices in the Indian banking sector respond to change. The insights gleaned from this study have implications for both practitioners and policymakers, offering actionable recommendations for enhancing HR strategies that align with the sector's evolving landscape. As the banking sector continues to navigate uncertainties, this research underscores the instrumental role of HR practices in steering organizations toward sustained growth and competitiveness.