• ISBN13: 9788126911196
• Binding: Paperback
• Subject: Business Management
• Publisher: Atlantic Publishers & Distributors (P) Ltd
• Publisher Imprint: Atlantic
• Publication Date: August 9, 2024
• Pages: 538
• Original Price: INR 995.0
• Language: English
• Edition: N/A
• Item Weight: 900 grams
• BISAC Subject(s): N/A

A must-read for all those concerned with the transformation of Indian banking Despite significant turnaround achieved by Public Sector Banks in recent times as evidenced by improved CRAR, Asset Quality, Profitability and Market Capitalisation, PSBs in India continue to face challenges of the New Age Banking-inadequate risk assessment techniques, lax Internal control mechanism, poor compliance culture, cyber security risks and ESG framework compliance.

Transformational Leadership in Banking argues for a fundamental shift in the structure and process of governance, Including board-level autonomy, CEOs tenure and compensation, people process, talent development and building a leadership pipeline to make banks resilient, strong and future-proof. Through a unique collection of articles, case studies and interviews authored by leading experts from the industry, the book offers a roadmap to meeting leadership challenges in a disruptive banking environment.

DR. ANIL K. KHANDELWAL is former Chairman and Managing Director of Bank of Baroda and Dena Bank. He was also a member of the first Banks Board Bureau.

• List of Abbreviations xi
• Foreword by Vinod Rai xv
• Preface xix
• Acknowledgements xxi
• Introduction 1

• Part 1: Essays from Academics and Practitioners

• Section 1: Future Banking Environment 17

• 1 The Changing Context of Governance and Leadership in Public
• Sector Banks 17
• M. S. Sriram
• 2 Banking on Change: The Digital Revolution Is Now Here 37
• Sushil Saluja
• 3 Future of Work in BFSI Organizations 55
• Akhil Handa

• Section 2: Governance 67

• 4 Human Capital and Ethical Bank Governance: Some Perspectives
• from India 67
• Late N. Balasubramanian
• 5 Leadership Choices in Building Better Governance: Regulation or Culture 85
• Anujayesh Krishna
• 6 Strategic Human Capital Management and Banking Governance:
• An Unexplored Symbiotic Relationship in PSBs 101
• Anil K. Khandelwal and Anujayesh Krishna
• 7 Honouring Legacy while Embracing Evolution: The Ethics Narrative in SBI 129
• Atul Kumar

• Section 3: Leadership 143

• 8 Banking Transformation as a Leadership Experience: Fifteen
• Actionable Insights from the Trenches 143
• Anil K. Khandelwal
• viii / Transformational Leadership in Banking
• 9 Organizational Transformational: Agenda for Indian Banks 174
• Late Pritam Singh and Asha Bhandarker
• 10 Grooming Leaders in Public Sector Banks: Proposing a Leadership
• Development Process 187
• Abinash Panda
• 11 Coaching and Mentoring: The Unsung and Underutilized Warriors
• of Leadership Development 206
• Raj Bowen
• 12 Crafting and ‘Living’ the Bank’s Culture: Notes from the Field 218
• Anil Sachdev and Shyam Viswanathan
• 13 Leadership in Times of Crisis: Lessons from COVID-19 Crisis 231
• Prasenjit Bhattacharya
• 14 Employer Branding to Build Human Capital Advantage 243
• Gordhan K. Saini
• 15 Trade Unions in the Digital Economy with Special Reference to
• the Banking Sector in India 257
• Kuriakose Mamkoottam

• Section 4: Human Resources 271

• 16 Skilling Is a New Currency: Are You a Learning Organization? 271
• Nishchae Suri
• 17 A New Manifesto for CHROs in the Era of Digital Change 288
• Rajiv Jayaraman
• 18 A Journey from Transactional to Transformational Function:
• HR Research Value Add in Banking 305
• Rajeshwari Narendran
• 19 Challenges of HR in Indian Public Sector Banks: Reflections and
• Confessions of a CEO 316
• M. Mahapatra
• 20 A Passionate Journey of Continuous Transformation in HR 324
• Prakash Ranjan
• 21 Wellness and Yoga: Investment for the Bankers 335
• Ashish Pandey
• Contents / ix

• Part 2: Case Studies

• 1 HR as Strategic Business Partner in SBI Transformation 351
• Alok Kumar Choudhary and M. Jayashree Reddy
• 2 Sustainable People Processes and Leadership Development
• in Bank of Baroda 382
• Joydeep Dutta Roy
• 3 The Human Resources Story of ICICI Bank 411
• T. K. Srirang and Soumendra N. Mattagajasingh
• 4 Digital Transformation of HR at Union Bank of India 434
• Brajeshwar Sharma

• Part 3: Perspectives from Experts

• 1 ‘An area of grave concern is the fear psychosis in the executives.’ 449
• Kewal Handa
• 2 ‘You need best-in-class leaders to shift the titanic.’ 455
• Ajay Nanavati
• 3 ‘Unless management has sufficient autonomy in HR and governance
• structure, PSBs will move from one problem to another.’ 460
• Ravi Venkatesan and Biju Varkkey
• 4 ‘Bank directors require training in specific areas of technology.’ 468
• H. Krishnamurthy
• 5 ‘HR function requires huge transformation in terms of its structure,
• processes and competencies.’ 477
• T. V. Rao
• 6 ‘Boards must objectively hold mirror to themselves, reflect on
• their own capabilities and contributions.’ 484
• Arun M. Kumar
• About the Editor and Contributors 492
• Index 507