A Study of Training and Development in State Bank of India with reference to Nanded District

Abstract

Human factor has moved into the center of business in the recent days. Never before has the contribution of human resource to the success of business been subjected to so much of debate and discussion. This situation has developed as a result of some fundamental changes that have taken place, the most important of which is the pervasive and intensive competition that banks are facing today. Human being is an intelligent, creative, artistic and a reactive resource. He / She have got a wonderful potential to do incredible things. In the present competitive world, training, developing and management of human resources have been a matter of crucial determination of success for the banking industry. Dynamic employees are essential for any organization that would like to be dynamic and growth oriented (Rao 1997). Therefore, better management of human resource has been more earnestly felt as a vital, in recent decade as before. Also socio economic environment has been changing world over, and a favorable attitude is being built up towards globalization of the economy. newlineTransformation in the Indian banking industry, ever increasing competition, fast moving and complex world of latest technology have compelled banks to think of and to adapt themselves to the changing banking environment. There is a need to develop competencies i.e. skill, knowledge and attitude among the bank staff to make them more suitable to the changing conditions, through proper training and development programmer. Trained and developed people of knowledge workers have become basic or fundamental job of any bank. Competent people can face any threats, risks, and changes in the banking industry and lead the bank. People play remarkable things, and to enable him to understand, develop and utilize his/her potential, bank should provide them learning and developing climate as well as opportunities. Hence, training and development programmers have occupied a major role the human resource development. Human resource development is possible only through trai