“Green Human Resource Management practices in leading Indian Banks during Covid Pandemic”

Authors

  • Sarthak Mishra
  • Dr. Namita Rath

Keywords:

Green Banking, Green HRM, Sustainable Development Goals (SDGs), Pandemic, Business Continuity Plan (BCP)

Abstract

The primary focus of any business now is to make it sustainable by ensuring efficient use of resources and energy so as to protect the environment and enhance the productivity. Indian Banks being the prime movers of the country’s economy, have strategically adopted “Green Banking” and have re-oriented their human resources through“Green Human Resource Management” (GHRM) practices, along with the UN mandated sustainable development goals (SDGs) as

their business model. Even though there is good progress in Green Banking in customer transactions, a lot of gap and scope exist in Green Human Resource Management practices. The utility of Green HRM was felt more during the current Covid Pandemic when digital banking and Work From Home(WFH) have become the new normal. The present study analyses these practices as adopted by the leading banks like State Bank of India, HDFC Bank and Axis Bank more particularly during the current pandemic and gives suggestions for further improvement in the Post Covid era.

Downloads

Download data is not yet available.

References

Allya Roosallyn Assyofa and Asni Mustika Rani (2019) Green Behaviors Factors on Green Human Resources Management Practice on the Employees of The First Movers on Sustainable Banking in Indonesia .Advances in Social Science, Education and Humanities Research, volume 409, Pg no: 102-106.

[Axis Bank Sustainability Report (2019-20).

Axis Bank Annual Report (2019-20).

Chandrajeet (2017) Concept of Green HRM in Banking Industry. International Journal of Advance Research in Computer Science and Management Studies , Volume 5, Issue 7, pg-116-120.

Dane Moores( June 16th,2020) With Covid-19, the SDG’s are even more important , https://devpolicy.org/.

Deloitte (November, 2020) Cyber security in the Indian Banking Industry: Part 1. Will 2020 redefine the cyber security ecosystem? www2.deloitte.com.

Franklin John.S(2018) A Study On The Influence Of Green Hr Practices On Employee Satisfaction Among Selected Scheduled Banks International Journal of Business and Management Invention , vol. 07, no. 10,pg 44-48.

HDFC Bank Sustainability Report (2019-20).

HDFC Bank Annual Report (2019-20).

Jha Nishikant and Bhome Shraddha(2013)A Study of Green banking trends in India. International Journal of Research in Management & Technology, vol.2 , pg.127 – 132.

Raad Mozib Lalon(2015) Green banking: Going green, International Journal of Economics, Finance and Management Sciences ISSN: 2326-9561 (Online) doi: 10.11648/j.ijefm.20150301.15, 3(1):pg. 34-42.

Rajdut, N. & Kaura, R(2013) Indian banking sector towards a sustainable

growth: a paradigm shift. International Journal of Academic Research in Business and Social Science, Vol. 3(1),pg.290-304

Shaikh, M.(2010) Green HRM: A requirement of the 21st century, Journal of Research in Commerce and Management,vol. 1, pg. 122–127.

Shreya Nandi, Abhijit Ahaskar,( October 22nd 2020) Rise in payment failures puts focus on banking infra overhaul. The Mint Newspaper.

S.Karunakara Moorthi, K. C.Muraledharan, Radhika P. , Resmy R(August

Prevalence of Stress and Anxiety among the bank employees in India during lockdown due to Covid 19. International Journal of Research and Analytical Reviews, volume 7, Issue 3, pg.719-730.

State Bank of India Sustainability Report (2019-20).

State Bank of India Annual Report (2019-20).

United Nations, Department of Economic and Social Affairs Sustainable Development from https://sdgs.un.org/goals.

Urvashi Sahitya and Vaibhav Lalwani (2014) Sustainability in the Indian banking industry. International Journal of Commerce, Business and Management ISSN: 2319– 2828 Vol. 3, No. 1,pg.220-229

Walter Wehermeyer(1996) Greening People, Routledge Publisher.

Downloads

Published

2021-02-28

How to Cite

Mishra, S. ., & Rath, D. N. . (2021). “Green Human Resource Management practices in leading Indian Banks during Covid Pandemic”. The Journal of Contemporary Issues in Business and Government, 27(1), 3035–3045. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/890