Overview

Human Resource Management Department (HRMD) essentially facilitates the Reserve Bank's central banking activities by (i) creating an enabling environment to enhance the efficiency of the organisation (ii) drawing out from the staff the very best by a system of proper placements, incentives, and (iii) creating an atmosphere of trust, a certain security of expectations and a feeling that the organisation cares about the well being and personal aspirations of the staff. This helps align personal aspirations of the staff with professional goals and helps enhance efficiency in the organisation.

Specifically, the functions of HRMD are:

a) To evolve and implement policies for:

• Recruitment

• Placement

• Promotions and career progression

• Performance and potentiality appraisal

• Training, development and skill upgradation

• Mobility (Transfers and Rotation)

• Reward and motivation

• Retirement/voluntary vacations

• Wage structure and other facilities

• Deputation/Secondment/Tour of duty

b) To generally administer discipline management system in the Reserve Bank

c) To disseminate information under the Right to Information Act, 2005 with a view to promoting transparency and accountability in the Reserve Bank's operations

d) To maintain up-to-date database on human resources in the Reserve Bank

e) To maintain harmonious industrial relations and to conduct negotiations with various recognised bodies of different categories of staff on matters like pay scales and allowances, welfare schemes, personnel policies, etc.

f) To continuously review the appraisal system in order to make it an effective tool for HRD policy management

g) To design career and succession plan

h) To oversee the Reserve Bank’s training establishments (namely, Reserve Bank Staff College, Chennai and College of Agricultural Banking, Pune besides Zonal Training Centres at Chennai, Kolkata, Mumbai and New Delhi) and revitalise training functions

i) To administer Staff Suggestion Scheme

j) To oversee Summer Placement

k) To publish the Reserve Bank's house journal ‘WITHOUT RESERVE’ and to conduct RBI Quiz.

l) To act as Secretariat to Human Resource Management Sub-Committee of the Central Board.

m) To oversee matters pertaining to Prevention of Sexual Harassment of women at work place including secretarial assistance to Central Complaints Committee.

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