NEED FOR EFFECTIVE TALENT MANAGEMENT PRACTICES IN BANKING -A BIBLIOMETRIC ANALYSIS

Abstract

Over a decade the banking practices in the country has been experiencing sea change with the implementation of number policy related changes, rise in privatisation and also due to technology upgradations. Modern-day banking activities have become more complex and complied with high-end technology intervention. It makes bank employees more sensitive towards their job. Thus, retain the existing work force with required skill sets is a dauting task for the administrations of banks. Talent management activities of banks generally revolve around employee engagement monitoring their performance, establishing connectivity between employee and the banking institution and they’re by achieving bank’s goal. It is concluded that talent management is an emerging issue and most focused topic in Indian banking sector. This task compliance with stringent procedures and time consuming too. Hiring talent in this pursuit and retaining them involve myriad steps to make the employees i.e., stimulate them to learn new concept and practice it in their day-to-day work adopt continuous training and monitor the performance of the employees KEY WORDS: Talent Management, Public Sector Banks, Private Sector Banks, Competition