ESOP’S – A well known term for Private sector Banks vis a vis an Alien for Public Sector Banks

Companies have always believed that it is their employees only who contributes the most in the success of the Company and therefore must be given a chance to share a part of its revenue. Though the conceptof employee stock options was firstly introduced by the IT Industry in India, The BFSI Sector, NBFCs , companies engaged in micro finance and insurance companies have also shown keen interest in these.