A Study on the recent Technology introduced on the Employee’s Job Security of Banking Sector with special reference to Trichy City

In the last three decades, the banking sector has seen a profound transformation owing to the changes in the global financial environment. The major change witnessed in the banking sector has been great advances in financial innovations and technologies information technology (IT) has become a key element in economic development and a backbone of knowledge based economies in terms of operations, quality delivery of services and productivity of services. Therefore, taking advantage of information technologies (IT) is an increasing challenge for developing countries. There is now growing evidence that Knowledge driven innovation is a decisive factor in the competitiveness of nations, industries, organizations and firms. Organizations like the banking sector have benefited substantially from e-banking, which is one among the IT applications for strengthening the competitiveness this paper examine the resent technology introduced on the employees job security of banking sector with special reference to Trichy city.