Anatomy of Human Resources in Reserve Bank of India (RBI)

M.M.Goel and Archna Chaudhry

No 2013-6-12, Working papers from Voice of Research

Abstract: The Reserve Bank of India (RBI) has the responsibility of handling assorted functions ranging from monetary policy, maintaining financial stability to regulating and supervising banks and non-banking financial companies. The quality of governance by RBI as banker's bank for the delivery of multi-dimensional tasks professionally, human resource development (HRD) and organization management is crucial. It is a established reality that human resources at RBI handled global financial crisis competently but there is a news that RBI has hired services of six external agencies to suggest measures for improving their quality meaning there by we need to do more on HRD as aspects in RBI. Therefore, there is a strong case for analyzing the strengths and weaknesses of human resources in RBI for future growth. We have analyzed the quantity and quality of human resources at the RBI including organizational structure whose quality plays vital role for good governance. Then we have highlighted current status as well as the structure of human resource at the RBI keeping in view its composition on various bases like departments, classes and categories and observed that it is a fair practice, gender sensitive and equal opportunity institution but at the same time suggested to explore the synergies of new department of HRM after combining the DAPM and HRDD. Key words: RBI, HRM, HRD , Good Governance as SMART & SIMPLE

Date: 2013-06
New Economics Papers: this item is included in nep-hrm
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