The current pandemic situation has brought many challenges and changes required to be brought in the HRM functions. This PPT contains impact of Covid-19
2. Sector Information
India’s banking sector is sufficiently
capitalized and well-regulated. The financial
and economic conditions in the country are
far superior to any other country in the world.
Introduction
During FY16-FY20, bank credit grew at a
CAGR of 3.57%. As of FY20, total credit
extended surged to US$ 1,698.97 billion.
Market Size
In December 2020, the Digital Lenders’
Association issued a revised code of conduct
for digital lending.
Investments/Developments
As per Union Budget 2021-22, the
government will disinvest IDBI Bank and
privatize two public sector banks.
Government Initiative
1.52
1.63
1.93
0
0.5
1
1.5
2
2.5
2019 2020 2021
Market Size (US$ Trillion)
3. N.S Srinath
Chairman
Mr. Ramesh Babu
MD & CEO
Karur Vysya Bank
Karur Vysya Bank is a Scheduled Commercial Bank in India. It has completed 100 years o
f operation and is one of the leading banks in India, headquartered in Karur in Tamil Nad
u. It was set up in 1916 by M. A. Venkatarama and Athi Krishna. The bank primarily oper
ates in treasury, corporate/wholesale banking and retail banking segments.
8. Impact of Covid-19
01
A short-term disruption is likely to lead to
accessibility concerns and scaling-down of
SME/corporate customers.
A short-term disruption is likely to lead to
accessibility concerns and scaling-down of
SME/corporate customers.
A full-blown pandemic is likely to lead to
a significant reduction in demand from
structural shifts in customer behaviour,
and transformation of employee roles and
overall operating model.
02
03
10. HR practices
01Create/Activate an Emergency
Response Team
03Care for Staff! Employee Wellness
and Safety Initiatives
05 Implement Remote Work
Strategies
02
Make Communication Deliberate,
Consistent, and Over
Communicate if Necessary
04
Reconsider Leaves and Policies
11. HR Technology
It is a virtual corporate
training platform , which
uses in many organization.
LMS (Learning Management System
It is a continuous, and integrated
process. Annual Performance Reviews
are quickly falling out of style as
organizations move toward a system
of frequent reviews
(quarterly/monthly) with the ability to
have even more granular weekly
check-ins.
Performance and Wellness
Management
Artificial Intelligence in
Recruiting
Digital Learning, Training, &
Development
is revolutionizing HR, and
nowhere more than in
recruitment. AI-based algorithms
are changing the way employers
find talent by offering a unique
insight into applicants from a
variety of sources, including their
social media activity.
the pandemic has created
unprecedented opportunities for
retraining and upskilling workers.
Organizations started offering
training modules to help
employees to adjust to online-only
work culture.