International Journal of Social Science & Economic Research
Submit Paper


Maneesha. V

|| ||

Maneesha. V
Assistant Professor (on contract), Department of Commerce, Ambedkar College of Arts & Science, Wandoor, Malappuram, Kerala.

V, Maneesha. "HR CHALLENGES IN BANKING SECTOR." Int. j. of Social Science and Economic Research, vol. 4, no. 10, Oct. 2019, pp. 6449-6459, Accessed Oct. 2019.
V, M. (2019, October). HR CHALLENGES IN BANKING SECTOR. Int. j. of Social Science and Economic Research, 4(10), 6449-6459. Retrieved from
V, Maneesha. "HR CHALLENGES IN BANKING SECTOR." Int. j. of Social Science and Economic Research 4, no. 10 (October 2019), 6449-6459. Accessed October, 2019.


[1]. Srinivas, V., & Wadhwani, R. (2019, February 13). 'Recognizing the value of bank branches in a digital world: Findings from the global digital banking survey', Deloitte Insights ,retrieved from
[2]. Manikyam, R.K. (2014).Indian Banking Sector - Challenges and Opportunities, IOSR Journal of Business and Management (IOSR-JBM) Volume 16, Issue 2. Ver.
[3]. Ray, A., & Bureau ,E.T. (2018, January 22). Microfinance loan cap raised to Rs 80,000 per.borrower, 80000-per-borrower/articleshow/64687717.cms .
[4]. WeSchool, (2017, August 12). Digital revolution in the Indian banking sector , Welingkar Institute of Management Development and Research Reproduced in
[5]. Bisignano, J.R. (n.d).Implications of the Globalization of The Banking Sector:Discussion,retrieved from
[6]. Chakrabarty.K.C.(2014). Human resource challenges in Indian banks - "foolproofing" the employees', Central Bank Speech, retrieved from
[7]. Pithadia,V., & Patel, H.(2013). IMPACT OF GLOBALIZATION ON INDIAN BANKING SECTOR Abhinav: International Monthly Refereed Journal of Research In Management & Technology, Volume II.
[8]. Marous, J. (2018, December 3).Five Innovation Trends That Will Define Banking in 2019,The Financial Brand,
[9]. Dwivedi, A.(2017, August 6). In answer to 'What are the top problems faced by Indian financial Industries?', retrieved from
[10]. The Hindu BusinessLine (2017, March 17).Loans to Vijay Mallya given by UPA: Govt, retrieved from
[11]. Srivastava, S.,(2014, August 12). Economic Milestone: Nationalisation of Banks (1969), Forbes India, retrieved from (1969)/38415/1.
[12]. Bose, S. (2018, August 8). Staff accountability fixed in less than 2% NPA cases, Financial Express, retrieved from

Indian banking sector has undergone a lot of changes from the time of inception of the State Bank of India in 1921. After independence, in the early phases, banks were nationalized but from the 1990s liberalization set in, leading to the setting up of private banks and entry of foreign banks into the country. Globalization and resultant exposure to various types of banking services have increased customer expectations also. This has created many new HR challenges for banks. This paper is focusing on the current HR challenges in the banks, the opportunities that economic changes have brought about in the banks, the impact of globalization on banks, and suggesting remedial measures that could help the smooth functioning of both state-owned banks and private sector banks.