Banking Exam Question - What is Know Your Employee (KYE) in Banks? How Does it Work? Explain

Introduction - Know Your Employee (KYE)

Person who endeavors hard to achieve objectives and destinations of a specific association is called as worker. Workers are employed to perform particular obligations according to their specialization, intrigue territories and past encounters. Representatives acquire their compensations in return for their diligent work, work, information and skill. It is properly said that the achievement and disappointment of an association relies upon its representatives. Representatives are without a doubt the life saver of an association.

Administration should know its workers well. You have to comprehend your workers and what they anticipate from the association? How might you disregard somebody who spends his/her most extreme piece of the day at work environment? Trust me, there are a few associations where supervisors don't know the names of their subordinates. Associations of such kind dependably confront issues like worker disappointment, high whittling down rate and incessant clashes among colleagues and in the long run neglect to do well over the long haul.