C M Minocha informs that the bank identified cultural transformation and cultural shift as key priorities for the amalgamation
Chander Mohan Minocha, Chief General Manager, Human Resources Department, Union Bank of India, has an extensive experience of more than 26 years of banking in various domains like credit, international banking and treasury. Minocha, currently heading the HR portfolio, is Commerce and Law Graduate and MBA with multiple certifications in risk management, forex and treasury management as his educational qualification. His passion is driving people management and business through field leadership.
Mehul Dani: Which are the different types of tests conducted by your organization for new recruitment and for promotion of existing employees in the current FY? How these tests have changed in the last 3 years? Are there any specific psychometric tests held?
Chander Mohan Minocha: In order to recruit appropriate manpower having requisite skills and mindset for the job, it is necessary to have the right kind of assessment system. Therefore, a focused assessment mechanism is adopted for testing of knowledge, skills, aptitude, etc, which could involve aptitude & IQ tests, skill and knowledge test, personality test through psychometric evaluation and behaviors through interviews, group discussion, etc. For recruitment drive, the bank is outsourcing services of leadings service provider for conducting exams i.e. IBPS/TCS for conducting written test, wherein the tests are conducted with utmost confidentiality and transparency. Though we conduct group discussion and personal interviews in promotion of existing employees, psychometric tests are not done in promotion process for the past 3 years.
Bu hikaye Banking Frontiers dergisinin February 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Banking Frontiers dergisinin February 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
AI in Finance - Bot, Bank & Beyond
Excerpts from a research report by Citi:
Swedbank leverages data to the hilt
Sweden's Swedbank takes innovation to a different level by collaborating with other competing banks:
Digitization is for customer satisfaction, says Argenta Bank
Belgium's Argenta Bank has designed its digitization efforts to enhance customer experience:
Speed, Safety, Compliance
Brijesh Samantaray, Co-founder, Propelld shares the current trends in the education loans how the company is leveraging technology:
Unique methods in fraud perpetration
When we look at some of the very serious frauds that had taken place in the financial realm, it is evident that the perpetrators are somewhat ingenious:
NBFCs: Elevating Organizational IQ
What is more important than hiring smart people is raising organizational IQ. This topic was discussed in depth in a panel discussion at NBFC's Tomorrow conclave organized by Banking Frontiers. Edited excerpts:
Trustful Transformation
Transformation is no longer only about growth & efficiency. It involves aspects like compliance, security and explainability that are impacting NBFCs. These issues are explored in this panel at NBFC's Tomorrow:
CEO Panel: Connecting Traditional Wisdom with Modern Intelligence
Banking Frontiers organized its annual NBFC Conclave titled NBFC's Tomorrow in August 2024 at Mumbai. Highlights of the first panel discussion:
NBFCs EXPERIENTIAL EVOLUTION, TRUSTWORTHY TRANSFORMATION
Banking Frontiers organized NBFC's Tomorrow, its annual NBFC Conclave, in Mumbai on August 21. The program comprised panel discussions on 5 upcoming opportunities for the NBFC sector, along with presentations, fireside chats and a keynote address. Edited excerpts from the conclave:
Smart ATMs - an indication of a resurgence
Smart ATMs can be the future way of how one may be interacting with a bank and doing transactions: