Beyond Digitization: The Strategic Relevance of HR Audits in Modern Banking

Kumar S. D. Dileep

doi:10.59413/ajocs/v6.i5.17

Authors

Dr. Dileep Kumar S. D. Assistant Professor and Coordinator, PG Department of Commerce, PES Institute of Advanced Management Studies, India Author https://orcid.org/0000-0002-2713-4119 (unauthenticated)

DOI:

https://doi.org/10.59413/ajocs/v6.i5.17

Keywords:

Indian Banking Sector, Strategic Human Capital Management, HR Audits in Banking, Digital Transformation and ESG Integration, Future-Ready Workforce Development

Abstract

The Indian banking sector has evolved from nationalization to digital transformation, emerging as a critical driver of financial inclusion, economic growth, and innovation. Recent reforms, technological integration, and improved asset quality have strengthened its resilience. However, challenges like cybersecurity threats, regional disparities, and the need for robust governance persist. In this context, human capital management and HR audits have become strategic levers that align talent, culture, and compliance with organizational goals. Modern HR audits now focus on workforce planning, digital upskilling, DEI, succession, and risk mitigation, shifting from compliance to analytics-driven, predictive models. Integrating ESG principles, AI, and continuous audits, they foster an agile and future-ready workforce. By doing so, HR audits will play a pivotal role in shaping a resilient, ethical, and innovative banking system for Viksit Bharat@2047.

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