Professional Documents
Culture Documents
Extramural
Drinking water
Housing
Toilet
Educational Facility
Crches
Maternity benefit
Transportation
Rest shelter
Sport facility
Leave travel
Recreation facility
Vocational training
Canteen
Holiday homes
Subsidies food
Co-operative stores
Medical aid
BANK OF INDIA
The Bank of India was founded in 7th sep 1969 now, Bank of India ,is
a body corporate constituted under the banking companies act, 1970, which
its head office at star house, plot no C-5,G block, Bandra-Kurla Complex,
Bandra East. Mumbai -400051. The bank is doing the business of banking
which means the accepting of deposits for the purpose of lending or
investment, of deposit of money from the public, repayable on demand or
otherwise, withdrawal by cheque, draft, order or otherwise in addition to
the business of banking bank is also engaged in other forms of business as
contemplated under Sec 6(1) of the Banking Regulation Act, 1949. [The
government of India come up with the Banking Companies Act,1949 which
was later changed to Banking Regulation act 1949 as per amending Act of
1965 Reserve Bank of India was vested with extensive power for the
supervision of banking in India as the central banking authority.
The Bank of India has undergone various phases in its growth path
over the last one hundred years the Growth of Bank of India was
phenomenal, especially after nationalization in the year 1969 attaining the
status of a national level player in term of geographical reach.
Today, BOI occupies a premier position in the committee on Indian
banks, emerging as the largest nationalization Bank of India in terms of
aggregates business volume for 2008-09 with an unbroken record of profits
since its inception, BOI continuous its winning performance in a year of
Accolades & Awards.
VISION
To emerge as a best practice bank by pursuing global benchmarks in profitability
operational efficiency, asset quality, risk management & expanding the global
reach.
MISSION
To provide quality banking services with enhance customer orientation, higher
value creation for stakeholder & to continue as a responsive corporate social
citizen by effectively blending commercial with social banking.
3) HOLIDAY HOME
BOI established holiday homes at a number of hill station, health resort &
other countries with low charges of accommodation, so as to encourage
employees to use this facility for rest in a salubrious environment.
6) REIMBURSEMENT
CHECK-UP
OF
EXPENSES
TOWARDS
MEDICAL
This facility is
within
the
Relevance to workplace
health and safety
Health and safety of
employees with special needs.
Promoting leadership in
management and supervision
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Industrial relations
The
relationship
between
Employer and employee or trade unions is
Industry
called Industrial Relation. Harmonious
relationship is necessary for both employers
and employees to safeguard the interests of
the both the parties of the production. In
order to maintain good relationship with
the employees, the main functions of every
organization should avoid any dispute with
them or settle it as early as possible so as to
ensure industrial peace and higher
productivity. Personnel management is mainly concerned with the human
relation in industry because the main theme of personnel management is to
get the work done by the human power and it fails in its objectives if good
industrial relation is maintained. In other words good Industrial Relation
means industrial peace which is necessary for better and higher
productions.
Industrial relations are a multidisciplinary field that studies the
employment relationship. Industrial relations is increasingly being called
employment relations or employee relations because of the importance of
non-industrial employment relationships; this move is sometimes seen as
further broadening of the human resource management trend. Indeed,
some authors now define human resource management as synonymous
with employee relations. Other authors see employee relations as dealing
only with non-unionized workers, whereas labor relations are seen as
dealing with unionized workers. Industrial relations studies examine
various employment situations, not just ones with a unionized workforce.
However, according to Bruce E. Kaufman "To a large degree, most scholars
regard trade unionism, collective bargaining and labor-management
relations, and the national labor policy and labor law within which they are
embedded, as the core subjects of the field."
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of
Industrial
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ORGANISATION STRUCTURE
Domestic
The company has entered in phase of consolidation and
restructuring of offices. The company has converted 42
offices as specialized offices to take care of bancassurance, brokers and auto
tie-ups as also restructured 4 offices as Large Corporate Offices.
The company has opened two Regional Offices at (i) Dehradun & (ii)
Belapur, Thane District (MRO-V) w.e.f. 01.04.2011. As on 01.04.2011, the
company has a network of 28 Regional Offices, 397 Divisional Offices, 588
Branch Offices, 29 Direct Agent Branches, totaling 1042 offices. In addition
the company has 45 Extension Counters
Foreign
The company operates through a network of 19 branches, 7 agencies, 3
subsidiary companies and 4 associate companies in 20 countries.
Industrial Relations
The industrial relations scenario of the company maintained a high level of
mutual understanding and efficacy. Various proactive interventions were
initiated to ensure problem solving at budding stage. The protection of
interest of women employees was tightly put in place by a full-fledged
committee designated to expeditiously attend to women-at-work related
complaints. Due to fast disposal of enquiries and meeting out speedy
punishments, strict adherence to rules and regulations of the company is
becoming more apparent.
The company has been striving to humanize the management machinery to
enable the management to evoke a more favorable response from its
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