A Commercial Banking Industry Resilience in the Case of Pandemic: An Impact Analysis Through ANOVA
4th International Conference on Computational Intelligence in Pattern Recognition, CIPR 2022
; 480 LNNS:292-303, 2022.
Article
in English
| Scopus | ID: covidwho-1958949
ABSTRACT
The Covid-19 pandemic has shaken the nation and the concerned environment in all types of business and all sectors as well. However, the growth of the economy and the development of a country depends on the banking industry. The present study has been conducted to find out the impact of Covid-19 on the public sector and private sector banks in Bhubaneswar region. The data was collected from 289 bank employees from both the sectors through survey and analyzed to find the impact of the pandemic. It was seen that banks in both the sectors maintained social distancing, used appropriate sanitization facilities and also made the suitable use of technology as this is the need of the hour. The study also throws light on factors like attention of managers to the work, following government rules, communication of information, taking suggestions from employees as well as flexibility and extra benefits at workplace. This study contributes to the development of the human resources as they play a pivotal role in the working of the banking sector. Some suggestions have been made for implementing such practices in other industries for progress and prosperity of the economy as a whole. © 2022, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
Full text:
Available
Collection:
Databases of international organizations
Database:
Scopus
Type of study:
Experimental Studies
Language:
English
Journal:
4th International Conference on Computational Intelligence in Pattern Recognition, CIPR 2022
Year:
2022
Document Type:
Article
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