The vision of Viksit Bharat 2047 emphasizes economic growth, innovation, and human capital development. Higher education institutions (HEIs) play a crucial role in shaping skilled professionals who contribute to organizational performance across sectors, including banking. This paper correlates the contribution of HEIs with effective human resource (HR) practices in private banks, focusing on recruitment, training, performance management, and employee engagement. It highlights how academic institutions act as talent incubators and strategic partners in developing AI-enabled skills that enhance banking performance. The study adopts a conceptual and analytical approach aligned with the author’s Ph.D. research on HR practices in private banks. The findings suggest that collaboration between HEIs and the banking sector is essential for achieving the long-term goals of Viksit Bharat 2047.
Gupta et al. (Tue,) studied this question.