Workforce Related Productivity in Public Sector Banks

Financial sector reform which was initiated almost two decades back has brought sea changes in Public Sector Banks. Fierce competition and market driven environment as induced by the reform is compelling Public Sector Banks to reposition in HR management. The paper delineated the business growth, branch expansion, and technological interventions to state the progresses in workforce productivity and efficiencies. It was observed that a range of interventions in information technology and BPR initiatives had helped the Public Sector Banks to increase immensely the workforce productivity and efficiencies. This paper advocated augmenting few critical HR interventions to further enhance the productivity and efficiencies of workforce in Public Sector Banks.