» HR Blueprint for Business Driven HR Reforms

Board level approved strategy paper outlining various organization wide HR reforms /interventions

» HR Steering Committee

Board Level HR Committee for piloting HR initiatives and reforms. The Committee comprises of Directors and leading professionals as Experts from outside the Bank.

» KHOJ

Organization wide Talent identification and Development Programme for Officers and Clerks (Through scientific process of identification and selection, employees with high potential to be deployed in key business areas. Such employees to be provided with suitable grooming and career growth opportunities)

» SAMPARK

SOS Employee HELP Line (Employees in distress can directly approach the CMD for immediate relief)

» PARAMARSH

Employees Counseling Centre (Counseling centers for providing psychological assistance and guidance to overcome their stress, complexities and conflicts in order to lead a better life. This is totally confidential between the employee and the counselor. First such center set up at Mumbai where services of professional Clinical Psychologist are available.

» BARODA FINANCIAL REWARDS FOR BUSINESS LEADERS

Weighted Index based Model (with pre-defined weightages for different business KRAs) for balanced assessment of efforts of Business Leaders (Branch Heads, Regional Heads, Deputy Regional Heads and Zonal Heads). Rewards in Cash for achievement of business KRAs

» MEP-TIKSHNA

Management Education Programme for Executives (GM, DGM, AGM, Chief Managers) in association with top B-Schools like IIM-Ahemedabad and Management Development Institute, Gurgaon. The specially designed programme is aimed at development of strategic business leaders for the future. So far, 213 executives have undergone the programme.

» HR POLICY FOR OVERSEAS SELECTION & DEPLOYMENT

Scientific and process orientation in the new revamped policy for selection and deployment of officers at the Bank’s overseas territories.

» HR RESOURCING POLICY

New HR Resourcing Policy formulate to take care of various recruitment needs of the bank consequent upon abolition of the erstwhile Banking Services Recruitment Board (BSRB)

» Performance Appraisal System for Clerical and Sub-Staff

With the objective of bringing an organization wide performance culture in the organization, hitherto uncovered employees in the Clerical and Sub-Staff cadre brought in under a new performance appraisal system.

» Massive Recruitment of Specialist officers and also graduates from B-Schools through campus recruitment

To take care of the Bank’s requirement in different specialized areas like IT, Treasury, HR, Marketing & Sales, Credit, International Business etc (Around 500 officers being recruited).

» A New Induction cum Grooming Programme for Young Officers

With the objective of developing future managers and leaders and for deployment in key areas, a re-vamped Officers’ Induction cum Grooming Programme is launched.

» Fast Track Career Growth Opportunities for Executives and Officers

In order to provide fast track growth opportunities to aspiring Executives and Officers, promotional opportunities have been provided.

» BARODA LEADERSHIP DEVELOPMENT CENTRE

Board has taken the decision to set-up a World-Class Leadership Development Centre to be set up to prepare future leaders for the Bank.

» NEW GROUP HR STRUCTURE

A new Group HR Organization Structure is being put in place to take care of the strategic business – HR needs of the Organization. The Structure would have balanced focus on HRM and HRD aspects and will put in place competency based HR systems and practices.