This document summarizes research on HRM practices in public sector and private sector banks in India. It begins with an introduction on the importance of HRM for organizational performance in the banking industry. It then describes the key differences between public sector banks, which are government-owned, and private sector banks, which are privately owned. The literature review summarizes several past studies that have examined the relationship between HRM practices like compensation, training, performance evaluation and job satisfaction in banks. Overall, the research suggests that effective HRM practices can help improve employee performance and satisfaction, which is critical for banks given their people-centric nature.