Hr Implications in Private Banks

Banks are the most significant players in the Indian financial market. They are the biggest purveyors of credit, and they also attract most of the savings from the population. Dominated by public sector, the banking industry has so far acted as an efficient partner in the growth and the development of the country. Driven by the socialist ideologies and the welfare state concept, public sector banks have long been the supporters of agriculture and other priority sectors. They act as crucial channels of the government in its efforts to ensure equitable economic development.

As human resource activities grow in scope and complexity, many human resource practices such as compensation, performance management, career planning, training and development, recruitment and selection are delegated to the Human Resource department. Most of the Human Resource managers do not have much awareness about the job’s details. Information about the job and their requirements must be gathered through a process known as job analysis, in which details about jobs is methodically collected, evaluated and organized. It is a descriptive process of breaking down a specific job into its element by using a collection of methods, tools and

11 Sheikh, N. A. and Karim, S., “Determinants of profitability of Islamic commercial banks: Evidence from Pakistan”, Pakistan Journal of Islamic Research, Vol. 17

As a whole, the regulation of banking institutions and financial markets are considered as a debatable issue. Banking is considerably the most deeply regulated industry within the financial sector which is also one of the heavily regulated sectors in the economy. Many financial systems are disposed to periods of lack of stability.

The paper overviews the banking sector reforms within the framework of the Nigerian Financial System. A theoretical approach was adopted although empirical evidence was presented in some cases. It was clear that developments in the banking sub-sector of the Nigerian financial system have contributed to some extent in promoting economic growth and development in the country. However, the operations of some of these institutions were characterized by inefficiency and ineffectiveness. It was also found that the challenges facing

An efficient banking system and well functioning capital market, capable of mobilizing the savings &channeling them to productive uses, are essential if the efforts at economic restructuring are to succeed. While both the banking systems and capital markets have shown impressive growth in the volume of operations. Unless major reforms were initiated it was difficult to

The results and outcome after the financial crisis over the Banking sector in the UAE & GCC Countries.

Public sector banks figure prominently in the debate not only because they dominate the banking industries, but also since they have much larger NPAs compared with the private sector banks. This raises a concern in the industry and academia because it is generally felt that NPAs reduce the profitability of a banks, weaken its financial health and erode its solvency.

The deregulation of the industry started in 1987, with the liberalization of interest rate. The reform exercise has affected other areas of banking activities, against this background. The study will focus on the deregulation on the banking industry, process of deregulation, dimensions of deregulation, evaluation of reforms and effects on the banking industry. In the process of analysis, reference will be on the zenith Bank plc and Diamond Bank plc.

State Bank of Pakistan, the central bank of the country was established in July 1948 I.e., within one year after Pakistan gained independence. Being the central bank, it regulates the monetary policy and the credit system of the country to foster its growth in the best national interest with a view to secure monetary stability and to fully utilize the productive resources of the country. The bank’s operations also include preserving the

To add to the woos further poor valuations of the public sector bank stocks, are not helping matters either, and raising fresh equity has become difficult altogether. The public sector banks have been reluctant to tap the markets for increasing their capital levels. Hence the underperforming banks are now faced with the even a greater levels of challenge and are now constantly looking at newer ways of meeting their capital needs. Some of these poorly managed banks could any day slide below the minimum regulatory threshold of capital if they don't organize their finances together. A very recent example would be the united bank of India where the CAR dropped to a level of 9%. To avoid this situation the immediate need of the hour for all banks, and more specifically the public sector banks, is that capital must be conserved and utilized as efficiently as possible. 

Islamic financial institutions are growing faster all around the world. Most in Muslim countries, conventional and Islamic financial institutions exist side by side, interacting with one another. The development of Islamic financial institutions has the potential to play a leading role in serving the Muslim Ummah and contribute towards socio-economic development of Muslim countries in conformity with Islamic sensibilities.

Until 1991, the banking in India was largely staid, straight laced and traditional. The bankers were prudent and cautious as they seldom took risks and were concerned with the normal banking activities of accepting deposits and lending against them. Labeled as "Agents of Social Change", their outlook was rigidly controlled by the policies of the Government, which were centered more on poverty alleviation and the upliftment of the downtrodden. The 1969 and 1980 's nationalization of banks, bringing private banks under the state control, had the objective of realizing this government dream. Even as late as 1991-92, the profitability was a forbidden word in banking business. The banks were established to fulfill social objectives and their performance was rated from their 'task fulfillment ' initiatives rather than from their commercial successes. Lending to the priority sectors, opening of rural branches, achievements in the implementation of Government sponsored schemes and adherence to the policies and programmes of the Government were the parameters considered for evaluating the performance of a bank. No one gave a thought to the actual state of affairs in many banks, which was dismal with huge unrealizable debts, many unviable branches, lethargic staff and very ineffective customer service (Singh, 2007).

1. The Act stipulates that the Central Board of Directors of the State Bank of Pakistan

Silk Bank maintains its position as Pakistan's Premier Bank determined to set higher standards of achievements. It is the major business partner for the Government of Pakistan with special emphasis on fostering Pakistan's economic growth through aggressive and balanced lending policies, technologically oriented products and services offered through its large network of branches locally, internationally and representative offices. Banks new identity Silk bank –