7 HDFC BANK TOP ATTRIBUTES
FOCUS ON UTILISING UNIQUE SKILL SETS
SUPPORT AND GUIDANCE TO EMPLOYEES
JOB SECURITY AND STABILITY
EVOLVING WITH THE TIMES Vinay Razdan, Chief Human Resources Officer, HDFC Bank
A CHIEF EXECUTIVE OFFICER (CEO), who interacts with employees on the ground often, gets dozens of suggestions and feedback on policies. HDFC Bank’s CEO Sashidhar Jagdishan’s expeditions (he goes on bus tours of semi-urban and rural branches) spells a list of actionable items for Vinay Razdan, the Chief Human Resources Officer. “Many issues can be quickly resolved, some are complicated and some are difficult to do because banking is a regulated business with governance and risk involved,” says Razdan. The bank, however, has been quite successful in implementing many suggestions—from vehicle loan policy to higher limits for home loans.
It is already challenging to manage the aspirations of a large workforce of over 200,000. The merger of the housing finance company—HDFC Ltd— with the bank has thrown up many new ones. The mortgage product was previously exclusively handled by HDFC Ltd, while the bank focussed on other financial services products. The mortgage business was structured in such a way that lead generation, credit assessment, and disbursements were done at the branches. Banking is a more centralised function with different departments taking care of lead generation and credit assessment. So, integrating a niche product with a specialised workforce has been a tough task.
Denne historien er fra May 26, 2024-utgaven av Business Today India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra May 26, 2024-utgaven av Business Today India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
The EV Craze
The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly
The Storage Boom
Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?
India Beckons
Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before
The Pearls of The Sea
Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it
66.Brand persona should define the core"
I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.
Unwind in Style
Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury
A Lifelong Affair with Inspiration
In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art
Make it Bubbly
Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles
Palatial Splendour
Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers
Of Beaches and Cream
GianChand Single Malt Whisky
