Management

Regional Rural Banks- A Perspective                                                                            S. B. Singh                     General Manager, Bank of India  & Chairman Aryavart Bank, Lucknow   Regional Rural Banks (RRBs) are one of the most important instruments of rural economic growth established through parliamentary enactment known as “Regional Rural Bank Act 1976” though five RRBs were established on 2 nd October, 1975 on the pilot basis under the provisions of the ordinance passed on 26 th September 1975.   RRBs are having presence in remote rural areas having 53 Banks with 21871 branches across India having deposit base of Rs 434,444 lac crores and advance of Rs 261,953 lac crores as on 31-03-2019. The contribution of RRBs in financial inclusion and social security schemes is highly commendable. Projected Financial Performance RRBs are facing issues of operational efficiencies reflected in their poor financial ratios. The net profit and loss of al

Work Life to Life Work Balance - Emerging Scenario (S. B. Singh, Chairman Aryavart Bank & General Manager Bank of India) One of the most debated issue of the human resource management is the work life balance due to migration of work force for employment opportunities. This migration has significantly impacted the socio economic fabric of the societies and families, where nuclear families are increasingly becoming the social norm for the proliferating middle income segment, which constitute the majority of the working population not only in India but also across the globe. The sociologists and psychologists have been raising this issue with all seriousness, which is impacting the economic, social, emotional and physical well-being of the society with increasing cases of psychosomatic disorders and depressions particularly in the bigger cities and percolating down to smaller cities and towns during the times of financial distress at individual or societal level. These psychosoma