Bank of baroda

March 31, 2003
March 31, 2004
March 31, 2005
September 30, 2005
Officers
11,690
11,996
11,848
12,471
Clerks
19,951
19,302
19,284
18,395
Other employees
8,672
8,505
8,397
8,304
Total
40,313
39,803
39,529
39,170
We place heavy emphasis on growth and development of our employees. This philosophy is reflected in our human
resources program being given top-level attention by a Board level steering committee on HR. Our HR initiatives are
focused mainly at three levels: recruitment; continuous development and training; and compensation, rewards and welfare.
Recruitment
Our recruitment plan is aimed to attract the best talent, including from campus recruitments at business schools to lateral
recruitment of senior management staff and other general recruitment of banking and specialist officers.
The Board-level steering committee on HR has evolved the “HR Resourcing Policy” to address the Bank’s future manpower
needs. Recruitment processes are handled internally by an HR Resourcing Cell, with the support of external institutions
including Institute of Banking Personnel Selection for conducting written examinations for job candidates. The current
recruitment plan of the Bank is for an intake of around 750 officers in different disciplines and fields of expertise such as
agriculture, information technology, marketing, human resources management, risk management and credit.

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BANK OF BARODA
Training and Employee Development
Our HR policy provides the basic framework for a comprehensive and multi-faceted training program that seeks to
improve the all-round competencies of our employees. At the senior management level, we conduct a management
education program that focuses on developing business leaders for the future. Our management education program is
conducted regularly in conjunction with leading Indian management institutions such as IIM, Ahmedabad and MDI,
Gurgaon.
Our managers’ skills are regularly updated through various knowledge management initiatives.
At other levels, our training focuses on all-round development as well as job-specific knowledge. We seek to motivate
and encourage staff members through their all-round development in behavioural skills, working attitudes, etiquette,
communication skills and customer service. At job-specific level, emphasis is placed on developing core competencies of
each staff member and the training covers information technology and applications, sales orientation training, risk-based
internal audit skills, marketing and cross-selling, as well as various computer based tutorials. Our training is imparted
through our apex training college at Ahmedabad, a dedicated training centre for IT at Baroda and through its 11 in-house
training centres at different locations in India, which is further complimented by training by external bodies and consultants,
including overseas trainings.