Modern business innovation has close contact with the adoption of information technology and learning abilities in business procedures. Therefore, this study analysed the impact of organizational learning capability on the innovation performance of the firm. This study also observes the mediating role of information technology adoption between the relationship of organizational learning capability and innovation performance. Data were collected from employees of banks via questionnaire method and furthered analysed by using SmartPLS software. The results explained that organizational learning capability has a positive and significant impact on innovation performance directly. Moreover, the said variables also positively and significantly affect innovation performance when mediated by the firm's information technology adoption.