Human Resource Management Practices of Meghna Bank Limited

Abstract

Meghna Bank Ltd is a scheduled commercial bank registered by the Bangladesh Bank. It follows the rules and regulations prescribed by Bangladesh Bank. The functions of the bank cover a wide range of wide range of banking and functional activities of individuals, firms, corporate bodies and other multinational agencies. Here the report has been prepared based on 12weeks of practical experience on HR practice of MGBL and it covers detail about HR activities performed by the bank. Besides it also consists of general information of MGBL, financial information, learning points, findings, and recommendation. Banking industry is the knowledge based industry. Knowledgeable and well equipped employee is essential to operate the business. People can be transformed in to human resources when they are equipped with adequate knowledge, skills and competencies. In this report I tried to discuss about the various services offered under HR practice including Selection and recruitment , Training and development ,performance appraisal and so forth. In the organizational overview I described MGBL profile, MGBL objectives, management hierarchy and MGBL corporate culture. In the main body of the report, I discussed about the HR operation of MGBL . This report may also help others to understand the Hr Activities of Meghna Bank Ltd. This project is done by a survey and face to face Interview with real executives and employees from Meghna Bank Ltd. This Project provides an analysis and evaluation of the current situation of HR activities of MBL. One researcher has gone to the MGBL to conduct some survey and conducted some face to face interview with some of the executives of MGBL. Some financial data of the organization is also analyzed in this part. I mentioned some findings of the organization, which I follow in my internship program. In this part of the report, I tried to explain those findings. This report will be helpful for the person who has intention to learn about HR practice and some other banking institute who wants to launch HR practice beside this it may help the management of Meghna Bank ltd. Under retail banking, general banking department contains all deposits name, its activity, interest rate, cash, foreign remittance/ bills, money laundering, prevention of money laundering dispatch, public service.