RBI Committee on Capacity Building give recommendations for improving the efficiency of bank employees

The Reserve Bank of India Committee on Capacity Building in banks and non-banks has made various recommendations for improving the efficacy and efficiency of personnel employed at various levels by banks and non-banking financial companies regulated by the Reserve Bank. Recommendations include -

Banks must avoid transfer for the sake of norms and make them need based as per leadership requirement.

Job rotation in banks, especially PSBs, should not be done in a mechanical manner but through a well laid down criteria.

Transfers should focus on critical requirement like leadership across the geography and posts that require high concentration of power, need-based transfers may be undertaken.

Banks should allow specialisation up to level III or IV so that demands of contemporary banking needs are met.

Creating a position of Chief Learning Officer in banks for leadership development, knowledge dissemination and sharing.

Conducting a common Banking Aptitude Test (BAT) at entry levels.

e-learning as an important constituent for building capacity and imparting training