Personnel Policies in Regional Rural Banks

Anil K Khandelwal The Regional Rural Banks (RRBs) were conceived as low-cost institutions to provide credit to small and marginal farmers and other down-trodden sections in the rural areas. Within a short span of a decade, the RRBs have carved out a niche for themselves among rural financing agencies. For the RRBs to achieve the tasks set for them will require highly motivated personnel and a climate which is conducive to development. However, issues of personnel policies for the RRBs have on the whole received scant attention. This neglect can prove costly in the long run. This paper is an attempt to put focus on this complex area and is divided into two sections: section I focuses on the problem areas in personnel management in RRBs and section II puts forward some suggestions for improvement of their personnel policies.