International Journal of Research and Scientific Innovation (IJRSI) | Volume VI, Issue XII, December 2019 | ISSN 2321–2705 www.rsisinternational.org Page 93 A Study on Stress in Public and Private Sector Bank Employees in West Bengal Sudip Basu 1 , Dr. Sumati Ray 2 , Dr. K.C.Paul 3 1 Research Scholar, Department of Business Administration, Vidyasagar University, Paschim Medinipur, India 2 Professor, Department of Human Resource Management, IISWBM, Kolkata, India 3 Professor & HOD, School of Economics & Commerce, Adamas University, India Abstract:-Today in public and private sector banks the working stress of the employees is becoming heavier, especially in the private sector banks. It has been noticed that in banking sector the managerial level employees are too much busy with their job in the office (desk job) as well as outside the office (field job). Stress is also created because of nuclear family, so he or she has to perform both the family and organizational responsibilities, thus facing imbalance in family and work life. This paper aims to identify the stress in public and private sector bank employees in India. From the several reviews maximum researchers have concluded that significant numbers of bank employees are having stress on work especially from private sector banks but in recent days we have seen that this working stress is injected into public sector bank employees also. This paper is having Indian experience with reference to West Bengal State on comparison of stress between Public and private bank employees. In this paper discussions are made on various secondary data like research papers, articles, website, and journals. Key Words: Organizational Commitment, Public Sector Banks, Private Sector Banks, Sources of stress, Work–family conflict, Job Satisfaction, Coping Strategies. I. INTRODUCTION tress can be defined as incompatibility between supply of individual capability and demand from the work environment. Hans Selye (1956) defined Stress “as any external events or internal drive which threatens to upset the organism equilibrium”. National Institute of Occupational Safety and Health (NIOSH) wrote in 1999, “work stress as being the harmful and emotional responses that occur when the requirement of the job do not match the capabilities, resources, or needs of the worker”. Stress results from confronting an opportunity, constraint or demand, when the expected outcome is important and uncertain (Robbins and Sanghi, 2006). Doing job in banking sector is a dream of every youth in today‟s world. It is a prestigious corporate job for them. The perception of every person is that banking job is very relaxing as well stress less. But from various national studies it was found that these banking sector jobs are stressful whether it is public or private sectors. The paper aims to identify the nature of occupational stress prevalent in banking sector in India. As the world has been so competitive, everyone wants to take the competitive advantage and compare with their competitors. In the process, the stress creeps in; employer wants more and more business so they are asking their employees to perform more and more. So it has been either to survive with stress otherwise they will be jobless; if they are jobless then also stress is created - how to survive with their families. Beside these, now the people has been more prone towards materialistic happiness, they need well decorated flat, luxurious car showing to the society they belong to upper level of class. So all together all the things have created huge pressures among employees. Nationalization of Banks Bank nationalization day came into existence ever since 14 banks were nationalized by the Government of India on July 19, 1969. After India got independence the Government of India planned on a systematic economic development of the country. There are 19 Nationalized banks and 30 private sector banks in India in 2018. Recent Developments 1. Bank merger and Consolidation: The future vision of the banking industry is to emerge large global size Indian banks which direct to the process where a bank merges or take over another, such a move enables strengthen of the bank by eliminating competition. Though Indians in Global GDP and International trade is rising day by day, India has not able to produce banks of global size and scale. The Global league of banks ranking table for 2013 based on assets reveals the rank of Indian banks which are given below. 2. Universal banking: The Universal banks participates in many levels of banking activities and is both a commercial bank and an investment bank as well as providing other financial services such as insurance stock and real estate brokerage etc. Keeping in view the recommendations of Narsimha Committee and of khan working group, RBI facilitated Development finance Institutions and commercial banks through legislative amendments to undertake the diversified financial activities. To avail the opportunity and to dominate the markets position, number of banks have set up subsidiaries for merchant banking, mutual fund and leasing along with commercial factoring and securitization. Thus, public sector banks assumed the character of Universal banking during the post reform period, ICICI bank, HDFC Bank, Kotak Mahindra Bank adopted aggressive approach toward Universal Banking. S