Centre plans HR overhaul at PSU banks to boost transparency, work culture

“The proposed HR reforms on transfers, promotions and recruitment transparency are welcome. However, the bigger challenge before the banking industry is not merely administrative transparency but the quality of workplace culture. Employees are affected not only by delays in career progression but also by fear, intimidation, humiliation, excessive pressure and lack of empathy in day-to-day interactions,” said Rupam Roy, general secretary of the All India Bank Officers’ Confederation (AIBOC), which represents employees across PSBs, private banks and regional rural banks.