The study is focused on tracing the evolution of HRM practices of banks in India and how it has evolved with time. Its only a few studies have addressed the banking industry. 5 public sector banks and 4 private sector banks in Odisha extended cooperation for this study. The qualitative study has analyzed the industry reports and other secondary sources of information. Banking in every economy holds a very important place and being a human intensive sector. The overall aim of the research is to look at four key areas (Training, Performance Appraisal, Retention policy and Recruitment policy) that shape the development of banking industry in Odisha as well as Indian as a whole.

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Keywords: HRM, Public Sector Banks, Performance Appraisal, Retention Policy, Recruitment policy.