ND Internship Certificate 1
ND Internship Certificate 1
ON
AT
Of
2022-2023
Submitted to Submitted by
The information submitted herein is true and original to the best of my knowledge.
Signature of student
Nikita Dhakad
ACKNOWLEDGEMENT
A large number have contributed to this project. I am thankful to all of htem for their help
and motivation . first and for most, I would like to express my deep regard tour the esteemed
HOD Mr. SANDEEP SONGARA and COORDINATOR DR. RATI MISHRA and
another faculty member of gyanodaya institute of management and technology.
I shall always be indebted to the bandhan bank ltd. Neemuch madhya pradesh for granting
me permission for undertaking summer training in such a prestigious and professional
organization .
Lastly, I extend my thanks to all those whose name have not been mentioned way in
successfully carrying out the project report.
EXECUTIVE SUMMARY
Every organization needs to have well trained and experienced people to perform the
activities that must be done. If current or potential occupants can meet these requirements,
Training is not important. On the other hand, if this is not the case, it is necessary to raise the
skill levels and increase the versatility and adoptability of the employees. Moreover,
employees are the internal assets of an organization. Training presents a prime opportunity to
expand the knowledge base of all employees so that they can relate those training with their
workplace and give their best performance achieving company goals. Knowledge and skills
development is vital to the health of organizations. We live in an information age today and
organizations are routinely valued not just on their physical but on their intellectual capital.
Training is one of the chief methods of maintaining and improving intellectual capital, so the
quality of an organizations training affects its value. Untrained or poorly trained employees
cost significantly more to support than well-trained employees do. Training affects employee
retention and is valuable commodities that, if viewed as an investment rather than as an
expense, can produce high returns. Employees also miss out on work time while attending
training sessions, which may delay the completion of projects. Despite the potential
drawbacks, training and development provides both the company as a whole and the
individual employees with benefits that make the cost and time a worthwhile investment.
Bandhan bank Ltd. is an Indian banking and financial services firm headquartered in
Kolkata. With 5,646 banking outlets and over 2.77 crore customers, Bandhan Bank is present
in 34 of Indians 36 states and union territories. The bank began as a non-profit organization in
2001, providing microloans to underprivileged sections of society. It emphasised women’s
empowerment and financial inclusion through the development of sustainable livelihoods.
CONTENT TABLE
❖ CHAPTER -1
1.1 Introduction Of The Topic
1.2 Introduction Of The Company
❖ CHAPTER -2
2.1 Literature Review
❖ CHAPTER-3
3.1 Research Methodology
3.2 Objective of The Study
3.3 Sampling Method
3.4 Population Method
3.5 Method of Data Collection
3.6 Research Design
❖ CHAPTER-4
4.1 Data Analysis and Data Interpretation
❖ CHAPTER-5
5.1 Finding Result
5.2 Suggestion
5.3 Conclusion
5.4 References of Review
CHAPTER -1
INTRODUCTION
Training and development play a vital role in the effectiveness of organizations and
employee experiences at work. Training has various implications for productivity,
health and safety at work, personal development and much more. Most organizations
are aware of this need and invest effort and various other resources in training and
development. Such investment may take the form of hiring various specialists training
and development staff and paying reward and salary to employees undergoing training
and development. Training and development are also one of the important strategic
tools of the organization to enhance the performance of employees and organizations
keep on increasing the training budget on an annual basis with the belief that it will
earn them a competitive edge and advantage.
The rapid changes in the environment have not only complicated the task but
also increased the pressure on organizations to re-adopt the various products and
services offered to compete in this rapidly changing world. Training and development
provide training to employees as well as to employers.
Training and development are vital part of the human resources development.
It is humble ever important role in wake of the advancement of technology which has
resulted in ever increasing competition, rise in customer’s expectation of quality and
service and a subsequent need to lower costs. It is also become more important
internationally in order to prepare workers for new jobs. Training and development
describe the formal continuing efforts that are made within organizations to improve
the performance and self-fulfilment of their employees through a variety of
educational methods and programs. In the modern workplace, these efforts have taken
on a broad range of applications from instruction in highly specific job skills to long-
term professional development.
Training and development play an important role in the effectiveness of
organizations and to the experiences of people in work. Training has implications for
productivity, health and safety at work and personal development.
All organisations employing people need to train and develop their staff.
Most organizations are aware of this requirement and invest effort and other resources
in training and development. Such investment can take the form of employing expert
training and development staff and paying salaries to staff undergoing training and
development. Investment in training and development entails obtaining and
maintaining space and equipment. It also means that operational personnel, employed
in the organisation’s main business functions, such as production, maintenance, sales,
marketing and management support, must also direct their attention and effort from
time to time towards supporting training development and delivery. This means they
are required to give less attention to activities that are obviously more productive in
terms of the organisations main business. However, investment in training and
development is generally regarded as good management practice to maintain
appropriate expertise now and in the future.
▪ Relevance:
The Training programme and its contents must be relevant to the requirements of the
job for which it is intended.
• PURPOSE OF TRAINING
TRAINING DEVELOPMENT
Level of persons It is meant for supervisors and It is meant for managerial
involved operative level employees. levels.
In today’s fast-paced workplace, it’s critical for businesses to upgrade their workforce’s skills.
It is vital for individuals to gain new skills and expand their knowledge in order to compete in
the workplace.
As a result, the company’s training and development initiatives benefit both the
organization and the employees.
The HRD department is dedicated to enhancing the organization’s human resources.
Employees are frequently motivated and their organizational commitment is improved
through training and development initiatives.
Employee believes that the company is fully committed to the development of their
workforce, and as a result, they want to participate in training and development programmers.
By promoting HRD initiatives, training development activities are also used to recruit new
talent to the firm.
➢ When a corporation revises its aims and goals to adapt to changing market
conditions, training and development are required.
➢ Companies frequently support training and development programmers in order to
increase employee performance.
➢ HR training and development is required to establish a performance baseline that
employees are expected to meet during a fiscal year.
➢ Training and development activities to teach employees new abilities like team
management, communication management, and leadership conduct are always
needed.
➢ Training and development are also used to try out innovative ways to boost
efficiency in the workplace.
➢ Providing training to your staff is one of the most effective ways to show them
that you value them. It shows that you care about their well-being and progress
just as much as they do about your company. Employees who are well-cared-for
will never want to work anywhere else.
➢ Training can be utilized as a preventative approach to preparing employees for
both expected and unexpected workplace changes and challenges. In time like
ours, where trends are always shifting thanks to online innovation, it only makes
sense to keep our team prepared.
➢ Employees are the most valuable and crucial component of a company’s assets
and caring for them implies caring for the entire company. As a result, any
company that spends time and money on their employee’s education or training
and development will only succeed in attaining their corporate objectives and
moving forward.
Companies often take a decision to roll out a training and development program after
identifying a specific need in the organization. The need could be introduction of new skill or
to update the existing skill of the employee. In the case of employees working on higher level
the training and development program is introduced to improve the behaviour skills and
ensure team work in the organization.
Here are different goals and objectives the companies can set before implementation of
training and development program-
1. To impart skills – Under this objective the employee is trained to operate the
equipment and machinery correctly. The goals are set to improve work efficiency and
to reduce wastage of time.
2. To Educated – The objective is linked with providing information about theoretical
concepts and provides hands-on experience of the task. The goal is to improve
reasoning power and judgment skills of employees.
3. To Enhance knowledge – The objective here is to improve behavioural knowledge of
the employee. The goal is to enhance understanding of human relations, management
and business environment among employees.
4. Ethics – the objectives is to provide knowledge about ethical conduct in the
organization. The goal is to regulate the conduct of the employee in the organization.
5. Change in attitude – The objective of the training is to change the attitude of the
employee in terms outlook, reaction, feelings and work beliefs. The goal is to improve
commitment and satisfaction of the employee by providing required motivation.
There exist different types of training methods used by the organization based on the goals
and objectives of the training and development program. Here are few commonly used
training methods in corporate world-
1. Orientations – Is generally used to introduce the newly joined employee to the
organizational work culture. It includes few lecture sessions, meetings with supervisor
and information regarding the history of the organization.
2. Lecture – This is a one-way communication method, mostly used when important
information has to be conveyed to large number of employees. The information can
be related to new updates in policies or any change management action in the
organization.
3. Case Study – Here the participants are given a situation in terms of case study and
they have to provide solutions on the stated problem in the provided case. It is a best
way to impart decision making skill and sharpen the judgment skill of the employee.
4. Role Playing – A scenario is created and each participant is assigned a particular role
to play out. The participant can practice their actual job work using role play method.
The facilitator provides immediate feedback to the participant which helps them to
improve their performance.
5. Job Rotation – In order to enhance the understanding about the whole organization
and to add skill the job rotation method of training is used. Here employees do
different types of job on rotational basis and gain knowledge of different work profile.
The management and HRM department take a meeting with different supervisors to decide the
time period of implementation of the training and development program. The implementation
of orientation programs and other newcomer training programs is carried out right after joining
of the employee.
The specific skills training programs are launched based on the workload and free time span
available to the employee. The on-the-job training program is an ongoing process and
employees should be informed about it in advance.
Employee orientation is the procedure by which new employees learn important organizational
process, qualities and standards, set up working relationship and figure out how to work inside
their employments. Skills and technical training programs are organized to teach the new
employee a particular skill or area of knowledge.
1.2 Company Introduction
Bandhan Bank Ltd. is a banking and financial services company, headquartered
in Kolkata. Bandhan Bank is present in 35 out of 36 states and union territories
of India, with 6,140 banking outlets and 3.07 crore customers. Having received the
universal banking licence from the Reserve Bank of India, Bandhan Bank started
operations on August 23, 2015, with 501 branches, 50 ATMs and 2,022 Banking Units
(BUs). The Bank has mobilised deposits of ₹1,08,479 crore and its total advances
stand at ₹1,03,168 crore as of June 30, 2023
Type Public
• BSE: 541153
Traded as
• NSE: BANDHANBNK
ISIN INE545U01014
Industry Banking
Website www.bandhanbank.com
History
Bandhan was set up in 2001 as a not-for-profit entity with the objective of financial inclusion
and women empowerment through sustainable livelihood creation. It started its microfinance
operations from Bagnan, a small village, about 60 km from Kolkata. The model followed for
delivery of microfinance services was individual lending through group formation. Bandhan
focused on serving under banked and underpenetrated markets.
In 2006, Bandhan acquired a Non-Banking Financial Company (NBFC) and created Bandhan
Financial Services Private Limited (BFSPL) to scale up its microfinance activities. In 2010, it
became the largest microfinance institution (MFI) in the country.
Investors
REVIEW OF LITERATURE
2.1LITERATURE REVIEW
In every study a good literature review does not only provide knowledge about what has been
done in the research area but also strengths and weaknesses upon which one can also build
and insightful and purposeful study.
3. Sthapit(2012) pointed out that the strategic human resources development factors
affecting the evaluation of induction training effectiveness in Nepali banks. The study
was based on the survey which was conducted during Feb – March 2012 on 104 low
and middle level managers of Nepali development banks established from June 2001
to June 2010. The study revealed that induction training as most effective in terms of
learning and least effective on the behaviour change criterion.
8. Onattu(2015) explored that the need for qualified and trainable employee is
recognized as an important factor to compete in the global market. This study was
conducted to generate information that can be used by industry, policy maker and the
consultants to develop appropriate training initiatives. The present study was based on
primary data which collected with help of questionnaire filled by 50 respondents.
9. Raju (2005) conducted and opinion survey on the various aspects of training like
management’s attitude, selection process, quality of training, impact of training on
productivity & individual and post-training assessment in different categories of
banks in Coimbatore. A questionnaire was formulated comprising various aspects of
training and opinion on the statements was sought from 154 employees of 24 banks in
Coimbatore.
10. Kane (1986)if the training and development function is to be effective in the future;
it will need to move beyond its concern with techniques and traditional roles. He
describes the strategic approaches that the organization can take to training and
development, and suggests that the choice of approach should be based on an analysis
of the organization’s needs, management and staff attitudes and beliefs, and the level
of resources that can be committed. This more strategic view-point should be of use in
assessing current efforts as well as when planning for the future.
CHAPTER -3
RESEARCH METHODOLOGY
There are two methods commonly used by the research agents to gather knowledge- Primary
and secondary techniques. Primary techniques include observation technique, interview/
questionnaire technology, and case study technique. Secondary technique is the technology in
which knowledge is already gathered. The present study to be based on a combination of
qualitative and quantitative knowledge. Specific knowledge to be collected through sampling
from the employees. The random client to be selected for the purpose of sampling.
Primary objective
Secondary objective
➢ To find and analyse the views of the participants and superior on the training.
➢ To analyse the training method used to the employee and how they are evaluated.
A technique for choosing a sample (random sample) from a statistical population so that any
sample that may be chosen has a predetermined likelihood of being chosen.
All the things under account are a universe or population in any field of investigation. A
complete list of all the items in the population is referred to as a census survey. The chosen
population size for this research is 130.
Research methodology is a systematic way to solve research problem. It also deals with
objectives of research study, the method of defining the problems, type of data collected,
methods used for collecting and analysing data. The task of data collection begins after
the research has been defined there are two kinds of data that can be collected. One is
primary, which is original in character as it has been collected for the first time. The other
one secondary, which was already been collected and need only, be compiled.
1. Primary data
The primary data to be collected from the trainers working in bandhan bank ltd. it is
the pure source of information. It includes direct flow of information and data.
Primary data to be collected from cross sections, questionnaires, containing etc.
2. Secondary data
It will be compiled from different books, articles, magazines and newspaper, journals
and periodical, seminar proceedings and websites to formulate the conceptual
framework.
Structured questionnaire will be used to collect the data. Direct questions to be asked from
selected people.
3.7 RESEARCH DESIGN
A research design is the arrangement of conditions for collection and analysis of data in a
manner that aims to combine relevance to the research purpose with economy in procedure.
In fact, the research design is the conceptual structure within which research is conducted.
This research was descriptive in nature.
Descriptive research, also known as statistical research, describes data and characteristics
about the population or phenomenon being studied. Descriptive research answers the
questions who, what, when and how.
Although the data description is facial, accurate and systematic, the research cannot describe
what caused a situation. Thus, descriptive research cannot be used to create a causal
relationship, where one variable affects another. In other words, descriptive research can be
said to have a low requirement for internal validity.
• Sample design
A sample design is a finite plan for obtaining a sample from a given population.
Convenience sampling is used for this study.
• Questionnaire
A well defined questionnaire that is used effectively can gather information on both
overall performance of the test system as well as information on specific components
of the system. A defeated questionnaire was carefully prepared and specially
numbered. The questions were arranged in proper order, in accordance with the
relevance.
• Sample size
Here we are going to collect data from primary sources as well as secondary sources.
The total sample size of data analysis to be taken will be 105 employees of Bandhan
Bank Ltd.
• Sample unit
The sample unit of the survey, employee and executive of Bandana Bank Ltd.
CHAPTER-4
Particulars % Of Respondents
YES 70%
NO 30%
TOTAL 100%
% Of Respondents
00
30%
YES
NO
70%
Interpretation:- 70% respondents say yes they get the training and 30% said no.
2) Is the prior performance on employees considered for identifying training need?
Particulars % Of Respondents
YES 85%
NO 15%
TOTAL 100%
% Of Respondents
0 0
15%
YES
NO
85%
Particulars % Of Respondents
YES 60%
NO 40%
TATAL 100%
% OF RESPONDENTS
YES
NO
Particulars % Of Respondents
YES 75%
NEUTRAL 10%
NO 15%
TATAL 100%
% OF RESPONDENTS
0
15%
YES
10%
NEUTRAL
NO
75%
Interpretation:- 75% of respondents said yes 10% neutral and 15% said no.
5) Is it necessary to train each employee?
Particulars % Of Respondents
YES 50%
NEUTRAL 0%
NO 50%
TATAL 100%
% Of Respondents
0
YES
NEUTRAL
50% 50%
NO
0%
Particulars % Of Respondents
YES 70%
NEUTRAL 20%
NO 10%
TATAL 100%
% Of Respondents
0
10%
YES
20%
NEUTRAL
NO
70%
Interpretation:- 70% of respondents said yes, 20% neutral and 10% said no.
7) Are you satisfied with the duration of training period?
Particulars % Of Respondents
YES 65%
NEUTRAL 0%
NO 25%
TATAL 100%
% Of Respondents
0
25%
YES
NEUTRAL
NO
0%
65%
Particulars % Of Respondents
YES 80%
NEUTRAL 5%
NO 15%
TATAL 100%
% Of Respondents
0
15%
5% YES
NEUTRAL
NO
80%
Interpretation:- 80% of respondents said yes, 5% neutral and 15% said no.
9) Are you able to do more work in less time?
Particulars % Of Respondents
YES 40%
NEUTRAL 10%
NO 50%
TATAL 100%
% Of Respondents
0
40% YES
NEUTRAL
50%
NO
10%
Interpretation:- 40% of respondents said yes, 10% neutral and 50% said no.
10) Does the training programme help in fulfilling the objectives of the organisation?
Particulars % Of Respondents
YES 60%
NEUTRAL 0%
NO 40%
TATAL 100%
% Of Respondents
0
40% YES
NEUTRAL
NO
60%
0%
Particulars % Of Respondents
YES 55%
NEUTRAL 0%
NO 45%
TATAL 100%
% Of Respondents
0
YES
45%
NEUTRAL
NO
55%
0%
Particulars % Of Respondents
YES 90%
NEUTRAL 0%
NO 10%
TATAL 100%
% Of Respondents
0
0%
10%
YES
NEUTRAL
NO
90%
5.1 FINDINGS :-
The major findings of the project are enumerated as follow:
• Mostly all the employees of corporate HR are well aware of the role and importance of
the training. They are self motivated to attend such training program as it will result in
their skill enhancement and improving their interpersonal skill.
• Corporate HR, of Bandhan Bank, time to time training is provided to all the employees
and it is continuous process.
• Questionnaire is the most popular mean of evaluating the training program in Bandhan
Bank.
• Post training evaluation focus on result rather than on the effort expended in conducing
the training and it worth the time, money and effort.
• Most of the participants are benefitted by giving feedback after attended the training. It
motivated them to do better, helped them to increase their job performance and is an
aid to future planning.
• More interaction between the managerial staff and employee to be encouraged and each
supervisor has to give a report on the employees under his supervision to the top
management.
• The personnel department should give more consideration on the lowest employee
cadre for their social and economical development.
• The essentially like certificates for the training done to be given so that an employee’s
ego is also satisfied.
5.2 RECOMMENDATION
• The Management must ensure that the training output should be implemented.
• It may be suggested that the training program be conducted away from their area of
work.
• The training program should be more be more practical rather than giving lecture.
• The training program must have problem solving techniques as part of their of
program.
• The company must help the employees to overcome their weakness at the time of
training program.
and skill relevant for performing excellently within a specific functional department.
This competence insures that technical knowledge is both present and used within a
firm for the welfare of its stake- holders. To develop this competence regular Training
increase in technology initiatives, companies need to spend more time and money on
success and organizations are investing more in their employees training and
provides a feedback and helps the sponsors and the resources persons for
for training and development. Post training evaluation can be used to identify the
Investment), to identify the need of retraining and to provide the points to improve
the training.
5.4 REFERENCE OF REVIEW
• Morrison, J.E. Training for performance. Chichester: John Wiley and Sons Ltd.
2000.
• Warr. P.B. Learning and Training. In P.B. Warr, (ed) Psychology at Work.
Edition.
➢ BOOKS
▪ Bhatti, M. and Kaur, S. (2009). “The Role of Individual and Training Design
656-672.
➢ WEBSITES
▪ https://en.wikipedia.org/wiki/Training_and_Development
▪ http://www.hrwale.com/training-development/