Worldwide, there has been a shift from 'personnel' to 'HR' and focus on performance development, appraisal systems and employees’ professional development.
A report to the central government says Punjab National Bank had debated putting in place safeguards to prevent fraud in 2016, but put no systems in place.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
Devalla feels,firstly its an organized lapse,playing with public money.secondly, beurocrats,politicians,bank boards jointly have put the banking system on roads. Hr qualities are with human beings once they take up education,employment. They are responsible to society for their acts. Professionals its accountability. Its a failure and have to be tried? Auditors must keep their country in mind before selling ideas to corporates? Why not they be tried. Monitoring system has failed. The need of the hour in banking industry is new blood.
I had worked in private industry for 5 years n now working in central government from last 5 years. …..
Main difference is government organization does not have dedicated
HR & Administrative department …..
Devalla feels,firstly its an organized lapse,playing with public money.secondly, beurocrats,politicians,bank boards jointly have put the banking system on roads. Hr qualities are with human beings once they take up education,employment. They are responsible to society for their acts. Professionals its accountability. Its a failure and have to be tried? Auditors must keep their country in mind before selling ideas to corporates? Why not they be tried. Monitoring system has failed. The need of the hour in banking industry is new blood.