Inflation jumped to over 7 percent at the end of last month – the highest since 1998. This was due to the higher oil prices, some increase in duties from the national budget and some disruptions in local supply of vegetables. Furthermore, the disruptions in supply of market items caused by Cyclone Gene are bound to push inflation higher in the next few months.
In my address today, I intend to highlight the key challenges that the HR function in banks in India faces and the measures that are needed for foolproofing the banking personnel not only against the adverse BIS central bankers’ speeches  1  developments but also adequately equip them to perform to their optimal potential in the “Business as Usual” conditions.