A STUDY ON HRM PRACTICES OF CO-OPERATIVE BANKS IN NAMAKKAL DISTRICT

Co-operative banking is a unique branch of the financial system where the ownership and operational orientations are under joint ownership of the member stakeholders as opposed to the external shareholders. The research paper discusses Human Resource Management (HRM) operations among co-operative banks in Namakkal District with a specific attention to how the human resource development mechanisms work and what organisational and HRD climate prevail in the organisation and affect the employee performance and overall organisational performance. The study uses a descriptive survey design that examined the current practices and perceptions under the natural environment. They were used both to provide the depth of analysis and contextual precision: both primary and secondary data sources have been utilised. The primary data collection was conducted using structured questionnaire handed over to the employees and secondary data was collected using academic journals and standard textbooks and official publications, as well as with the help of the records of the government. The convenience sampling method had been used and 450 employees representing all the operation branches of co-operative banks in Namakkal District were used to provide the response which would form the study population. The questionnaire structure was framed in a way that it used to determine the crucial dimensions of human resource practices such as training development motivation work environment communication and employee participation. The results of the research show that well-organised employee engagement programs are key to reinforcing organisational climate and increasing workforce commitment among the co-operative banking organisations. The research highlights the importance of the co-operative banks to strengthen human resource development models that can harmonise the employee aspirations with the organisational objectives thus ensuring sustainable organisational growth and better service delivery performance achievements.