Factors affecting adaptation of information technology among nationalized and private bank employees

Abstract

For the developed nation banking industries are becoming important sector for the economies of nation, the banking sector promises that their employees or manpower are precious to them. With the adaptation of information technology organization has to motivate and should provide proper training to the employees, after declaration it is possible that employees will involve more in the job and provide optimum performance. Information technology adaptation can be stated as the acquiring of digital devices and automate all process in the banking system that helps in increasing employees efficiency, allowing them to enhance their technical skills. Adaptation of information technology in banking sector is essential for the efficient running and in achieving their goals. Various factors affect an Adaptation of information technology. The motive of the present study is to recognize the factors affecting the Adaptation of information technology in Nationalized and private sector Banks. Primary data was collected from 161 man powers working in Nationalized and Private sector Banks in Indore division (M.P.) India. Factor Analysis test was used to recognize the factors, which are contributing in Adaptation of information technology. The study identified four factors with the help of SPSS software namely: Technical assistance, Human resource information system, Competitive advantage, Cost Benefit Analysis.