The principles of lending revolve mainly around the concepts of safety, profitability and liquidity of advance. The criteria for lending get changed or modified from time to time in response to changing the state of the economy. Traditionally commercial banks in India used to provide security oriented finance to trade and industry. Big industrial houses…
Introduction Conflict is an inherent aspect of human interaction, arising from perceived incompatibilities between individuals or groups in terms of goals, actions, or values. It can occur in various forms, emerge from diverse causes, evolve through specific phases, and be addressed using multiple resolution strategies. A comprehensive understanding of the nature and dynamics of conflict…
Introduction Competency mapping, assessment centres, and behavioural event interviews (BEI) are critical tools used in modern human resource management to identify, evaluate, and develop the competencies essential for successful job performance. Together, these methods enable organizations to make informed decisions regarding recruitment, training, career development, and succession planning by aligning employee capabilities with organizational objectives.…
Introduction Performance management is a strategic process aimed at aligning individual performance with organizational objectives, fostering continuous improvement, and supporting employee development. Within this framework, performance appraisals, feedback mechanisms, and performance counseling play vital roles. These elements collectively ensure that employees are assessed fairly, receive constructive guidance, and are equipped to contribute effectively to organizational…
Introduction Conflict is an inevitable aspect of human interaction, particularly in organizational and interpersonal settings. Conflict management refers to the systematic approach of identifying, analyzing, and addressing conflicts to reduce their adverse effects and encourage positive outcomes. It is not aimed at eliminating conflict altogether but at managing it constructively. Negotiation, on the other hand,…
The loan and advances made by a bank shall be utilized for the recognized purpose and the fund is effectively recycled. As a business partner, your bank is also a stakeholder in the business performance of his borrower. This is because the investment made by the borrower through the bank finance shall bring income both…
Introduction Employee feedback plays a pivotal role in shaping reward and compensation systems that are fair, motivating, and aligned with organizational objectives. By actively seeking and incorporating employee input, organizations can ensure that their compensation strategies meet employee expectations while driving performance and engagement. Importance of Employee Feedback in Reward and Compensation Methods for Collecting…
Understanding the concept of “role” is essential in the application of motivation theories within organizational settings. The way individuals perceive their roles—including associated responsibilities, expectations, and their position within a group or organization—significantly influences their motivation and subsequent behavior. Analyzing these perceptions offers valuable insights into enhancing individual and collective performance. Concept of Role Role…
Content: Understanding the human implications within organizations is crucial for fostering a productive and harmonious work environment. At the core of this understanding lies the study of human behaviour and individual differences. Human behaviour in organizations is shaped by a complex interplay of psychological, social, and environmental factors. These behaviours influence, and are influenced by,…
In accordance with the updated regulatory guidelines, all banks are required to transfer to the Depositor Education and Awareness (DEA) Fund (“the Fund”) the amounts becoming due in each calendar month. These include proceeds from inoperative accounts and balances that have remained unclaimed for ten years or more, along with interest accrued on interest-bearing deposits…
