A Study of Second Phase of Banking Sector Reforms in India

Tanmaya kumar pradhan

Abstract


Abstract:-Banking sector reforms were introduced to remove the deficiencies in banking sector. The lack of autonomy is reflected in the fact that there is a common wage package for all bank employees irrespective of the health of the bank concerned. Kannan, the Chief Executive Officer of Bank of Baroda, says: "Give us the freedom to fix our own wages and offer market remuneration to professionals. Do not tie us down to a common wage structure. Let each bank decide its appropriate level of wages." The study is based on the secondary data. The scope of the study is limited to five years data. The study is related to Nationalised Banks and Foreign Banks.


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ISSN : 2251-1547