Bank of Baroda has always had immense faith in the infinite potential of its people. This has been historically demonstrated in its recruitment practices, developmental initiatives, placement processes and promotion policies. Strategic HR interventions like providing cross border and cross cultural work exposure to its managers, hiring diverse functional specialists to support line functionaries and complementing the technical competencies of its people by imparting conceptual, managerial and leadership skills, gave the Bank its competitive advantage. The elaborate man management policies helped the Bank in grooming and supplying over a dozen CEOs to the industry - men who went to build other great institutions.
In the 21st century banking context, the Bank believes that it would have to continue to build and strengthen the human capital, besides the financial & technological capital, in order to be able to meet the competition successfully. The Bank also believes that building human capital may possibly be the single most important determinant for success. The Bank's far-reaching HR initiatives like fast track promotion channels, recruitment of young professionals with new
skill sets from campuses & open market, grooming best-of-the-breed managers, identifying in-house talent, reskilling/retraining of the existing staff through
training in India and abroad, upgrading the Bank's training infrastructure, inviting innovative ideas through “Ideaonline.com”, leadership development project for
developing future leaders, are part of its efforts to build and strengthen the human capital.