HUMAN RESOURCE PRACTICES IN NORTHERN RAILWAY PRIMARY COOPERATIVE BANK LIMITED - A CASE STUDY

Sitaram Rao; Kamlesh Kumar

Sitaram Rao Research Scholar, Department of Management Studies, University of Magadh, Gaya (Bihar)
Kamlesh Kumar Professor & Head, Department of Business Administration, A. N. College, Patna (Bihar)

Keywords: Human Resource, Railway, Cooperative Bank

Abstract

Human resource is of paramount importance for the success of any organization. Human resources are
the wealth of an organization which can help it in achieving is goals. Human Resource Management
reflects a new outlook which views organisation's man power as its resources and assets. Human resource
is the total knowledge, abilities, skills, talents and aptitudes of an organization's work force. The values,
ethics, beliefs of the individuals working in an organization also from a part of human resource. The
resourcefullness of various people available to the organization can be treated as human resources. In
the present complex environment, no business or organization can exist and grow without appropriate
human resources. It is understood that cooperative banks approach human resource management from
the working perspective and their financial performance suffers as a result. Instead of focusing on how
to execute strategy through the performance of the employees the first priority is cost control and the
focus often begins with the Human Resource Function.
The Northern Railway Primary Cooperative Bank Limited, Lucknow was registered as a cooperative
society on 22.10.1918 under Cooperative Societies Act 11 of 1912 & later on granted a license to carry
on banking business by Reserve Bank of India on 28.11.1986 for the main branch, on 27.02.1997 for
Alambagh branch at Lucknow, on 27.02.1997 for Kanpur branch, on 15.07.1986 for Varanasi Branch, on
22.05.2007 for Allahabad &Moradabad branches. NRPCB Ltd. has passed through nine decades of its
existence. At the same time, human resource management has been neglected field in NRPCB Ltd. over
a period of time and poor image of cooperative bank employees in the society affects their morale. Only
recently has there been a greater recognition of this function.
In this paper an attempt has been made to explore the linkage between human resource practices
operation of cooperative bank in context of Northern Railway Cooperative Bank Ltd.