In the 21st century world was becoming more competitive and unstable than ever before, manufacturing-based co-operative bank was seeking to gain competitive advantage at all cost and are turning to more innovative sources through HRM practices. HRM practices have been defined in several aspects. HRM practices as a system that attracts, develops,...More
In the 21st century world was becoming more competitive and unstable than ever before, manufacturing-based co-operative bank was seeking to gain competitive advantage at all cost and are turning to more innovative sources through HRM practices. HRM practices have been defined in several aspects. HRM practices as a system that attracts, develops, motivates, and retains employees to ensure the effective implementation and the survival of the organization and its members. Besides, HRM practices are also conceptualized as a set of internally consistent policies and practices designed and implemented to ensure that a firm’s human capital contribute to the achievement of its business objectives. HRM practices a set of practices used by organization to manage human resources through facilitating the development of competencies that are firm specific, produce complex social relation and generate organization knowledge to sustain competitive advantage. Against this backdrop, we concluded that HRM practices relate to specific practices, formal policies, and philosophies that are designed to attract, develop, motivate, and retain employees who ensure the effective functioning and continued existence of the organization. The present study proposes to highlight A case study of HRM Practices in Rajkot Nagarik Sahakari Bank Limited.