The present study measures the training effectiveness in public sector, private sector and foreign banks operating in India. Employee training was assessed through managerial perceptions with respect to five dimensions, namely commitment to training participation, access to training opportunities, relevance of training, benefits of training and satisfaction with training. The results of the study revealed that overall employee training (ET) and its individual dimensions exist at a moderate level in the selected banks and there is no significant difference regarding the effectiveness of ET among the three banking sectors. Correlation analysis reflects that all the five dimensions of ET were found to be positively and significantly correlated with each other. Further, no significant variation was found to exist regarding ET perceptions between male and female managers as well as among the managers of various cadres.
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