Financial Daily from THE HINDU group of publications
Wednesday, Dec 04, 2002
Financial Daily from THE HINDU group of publications Wednesday, Dec 04, 2002 |
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Opinion
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Letters Banking industry
The banking industry should adapt itself to the changing needs of the society, particularly in the case of employee development. Until now, it was one of the few industries that welcomed people without any prescribed minimum qualification. The personnel gained knowledge and insight only through on-the-job training. With economic liberalisation and globalisation, professionalism and better understanding of financial realities are the need of the hour. The days of personnel mobilising deposits, unmindful of its associated risks, can no longer be continued. It is, therefore, time the RBI, the IIB, the IBA and the Finance Ministry came out with a joint action plan for the training and career development of banking personnel. R. S. Raghavan
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