Exploring Talent Management Strategies in NCR’s Private Banking Sector

ABSTRACT This study examines the strategies employed by private sector banks in the Delhi region for personnel management, retention, and development. Employing a descriptive research design, primary data were gathered from 450 respondents working in diverse private banking institutions. A standardized questionnaire was utilized to gather perspectives regarding talent management processes, encompassing recruitment, training, career development, performance appraisal, and employee engagement. The data were examined by Exploratory Factor Analysis (EFA) to ascertain the fundamental features of talent management techniques. The findings identified several aspects that jointly elucidate banks' strategies regarding human capital management, emphasizing strengths such as organized training initiatives and performance assessment frameworks, alongside deficiencies in career progression chances and employee autonomy. The results offer empirical data about the efficacy of talent management techniques in the private banking sector of NCR and enhance the broader discussion on organizational competitiveness and workforce sustainability. Keywords: Talent Management, Human Resource Practices, Private Banking, Delhi NCR Region, Diversity.