Abstract:
Abstract: Organizational psychology holds that successful organizations do not owe
their success solely to market realities and sustainable competitive advantages.
Successful companies are those that consider their human capital as their most
important asset. Training and development aid in organizational development i.e.
Organization gets more effective decision making and problem solving. It helps in
understanding and carrying out better organizational policies. This paper aims at
evaluating the status of human resources management practices in banking sector in
Bangladesh with special emphasis to training and development. An empirical study
was conducted on Eastern Bank Limited in this regard. This study is basically based
on the blending of both quantitative and qualitative result. Basic statistical tools and
techniques were applied to make the study concrete and meaningful. Although the
study has found that the practice of human resource management is at the
introductory stage in the banking sector in Bangladesh, but the long-term plans for
employee development is almost absence in banking sector, especially in Eastern
Bank Limited. However, a well-structured training and development program with
the long-term plan is extremely felt among the employees in Eastern Bank Limited
which should be adopted by the bank for the better interest of the bank and
employees as well.
