“Does the organizational culture affect the job satisfaction of employees in banking sector?”

The aim of the present study is to understand the effect of organizational culture and job satisfaction among the employees working in private and public sector banks. The statistical population comprised of 300 managers in selected branches of public and private sector banks. Standardized questionnaires such as OCTAPACE by Udai Pareek, (2003) for organizational culture and S-D employees' inventory by Pestonjee (1973; 1981) for job satisfaction were used to collect the data. The result indicated that the organizational culture had a direct effect on job satisfaction among the private and public sector banks. Also, the results showed that there was a positive relationship between organizational culture and job satisfaction among banks. Another finding was that there is significant effect of organizational culture on job satisfaction in private sector banks and organizational culture is positively correlated with job satisfaction in private banks. Openness (one of the dimension of organizational culture) has the highest mean score among private sector banks as compared to public sector banks.