HRD Climate and its Impact on Employee Empowerment: An Empirical Study of Public Sector, Private Sector and Foreign Banks in India

The present study aims to evaluate the HRD climate in Indian public sector, private sector, and foreign banks with respect to six dimensions viz., supportive HR policies, supervisor support, organizational support, teamwork, trust, and openness in communication.Further, the study assessed the impact of HRD climate on empowerment of the bank employees.318 managers of public and private sector banks (including foreign banks operating in India) participated in the study. HRD climate in Indian banks in the matter of all the selected dimensions as well as the level of empowerment of the bank employees were perceived to exist at moderate degree in the three sets of the study banks that too without any significant variation.The results of the study show positive relationship between HRD climate and employee empowerment and regression results revealed that the HRD climate has significant and positive impact on employee empowerment.