An assessment of employment opportunities in the scheduled commercial banks since reforms period

Abstract

As per the Report of the Narasimham Committee on Financial System (CFS) 1991, the Indian banking sector should be open for private and foreign banking institutions and allow them to operate their banking operations in the Indian banking industry. After these recommendations, the Government of India and Reserve Bank of India accepted the recommendations and implemented it in the Indian banking industry. Since then the Indian banking sectoropenedup for the private and foreign banking institutions. After the implementation of these reforms, the Indian banking sector enteredinto the world of acompetitive environment where they have to face the stiff competition from their new counterparts who recently entered into the Indian banking industry. This paper is attempted to examine the growth trends of employment in the Scheduled Commercial Banks since reforms period. It also examines the banking group wise employment per branches of the Scheduled Commercial Banksin India since reforms period.