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EFFECTIVENESS OF HRIS IN INDIAN BANKING SECTOR: A STUDY OF HDFC AND ICICI BANK
Authors
Shivani Yadav,Dr. Sarita Maxwell
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Keywords
Effectiveness, HRIS, HR Department, HDFC and ICICI Bank.
Abstract
Abstract
Nowadays, most of the HR functions of banking sector are executed with the help of information technology (IT). The Banking system plays a critical role in underpinning economic development. Against the background of Financial Sector Reform Policy in India here HDFC and ICICI Bank is one of the first generation private sector Banks in India having 170 branches with 4,988 employees in 42 districts. In order to have an efficient human resource management these banks have introduced HRIS database system in their HR department. The present study has been undertaken to comprehend the effectiveness of HRIS in the said banks. The research studies based on survey method. This study includes how HRD works by using HRIS, what are the possible divisions and work distribution in an HRD, how HRIS effect on recruitment process, training and development initiatives, and compensation and benefits planning, personal appraisal management of HDFC and ICICI Bank. The analysis of the data revealed that some essential features are not decorated with software like time attendance, succession planning, payroll management, leave management, welfare fund Management, final settlement, performance appraisal and transfer management though the Bank uses HRIS. Hence the majority f the employees in the banks are not getting benefit by using HRIS software.
IJCRT's Publication Details
Unique Identification Number - IJCRT2212114
Paper ID - 228584
Author type - Indian Author
Page Number(s) - b36-b48
Pubished in - Volume 10 | Issue 12 | December 2022
DOI (Digital Object Identifier) - http://doi.one/10.1729/Journal.37277
No Of Downloads - 159
Author Country - India, 276001, Azamgarh, Azamgarh, 276001, Commerce All
Publisher Name - IJPUBLICATION | www.ijcrt.org | ISSN : 2320-2882
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Shivani Yadav,Dr. Sarita Maxwell, "EFFECTIVENESS OF HRIS IN INDIAN BANKING SECTOR: A STUDY OF HDFC AND ICICI BANK", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.10, Issue 12, pp.b36-b48, December 2022, Available at :http://www.ijcrt.org/papers/IJCRT2212114.pdf
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ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
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