When a new candidate is appointed in the bank, then the candidate does not know anything about that institute. As a good human resource, the bank has to take care of that newly recruited officer and he has his own institute. The whole mechanism is to be aware of it so that it can become a better human resource in the future. The banking sector is one of the best areas to understand the importance of human resources and to give importance to them. The bank provides excellent training to its employees so that they can prove invaluable assets for the bank during their service.
Training and development: How does this happen?
Generally, the minimum qualification required for banking sector jobs is a bachelor's degree in any subject from a recognized university. Training is the most important tool for understanding the nuance of banking and finance by the newly appointed employee.
Types of Training in Banking Sector:
1. Induction training: After the recruitment of the bank, the candidate is given motivational training for the first time. Through this training, the candidates get proper information about the structure of the institution, its fundamental activities and other primary functions of the bank.
2. In-service training: Under this training, the officers are trained many times during their service period. During this period, they are provided with practical training as well as full details of contemporary development in the banking sector. So that they can use them in everyday banking activities.
3. Special training: Such training is always done in banks. Most banks give their officers the freedom to choose the work area according to their own interests and provide them training in special areas selected by them.
4. Refresher training: During this kind of training, the HR Department strives to bring employees of different banks in the country together at one location. So that all employees can better understand each other's work system and share their views with each other. This gives the incentive for employees to go to work again alongside get together.
5. Delegation Training: Such training is organized by organizations such as World Bank, Asian Development Bank, IMF, Central Bank, Income Tax, Enforcement Directorate, Central Bureau of Investigation etc. During this training, officers of various banks are also selected. It gives a broad perspective to the officers and helps them to fulfill their daily duties more effectively.
Bank officials get a lot of opportunities to work in the field of their interest. Many banks have many departments related to their interest. They have the opportunity to serve in departments such as credit, operations, and services, Public Relationship, IT, foreign currency etc. This increases their business qualities as well as regular training of these types of skills in any department of any bank. They are able to work efficiently. When a person joins his job as a banker, at that time he does not know about his business qualities nor does he have much more skill. But at the time of retirement, the same person is a mature man, a mature man, a humble, intelligent and patient person.
