States » EastPosted at: Oct 28 2026 12:34AM


Industrial settlements benefit for over 10,900 Bihar Gramin Bank employees

Patna, Oct 27 (UNI) Two industrial disputes involving Bihar Gramin Bank management and employees' organisations have been amicably resolved through conciliation, paving the way for financial benefits worth approximately Rs 77.69 crore for over 10,900 employees.
According to an official release issued here today, the settlements were reached through the intervention of the Assistant Labour Commissioner (Central), Patna, under the Office of the Chief Labour Commissioner (Central), Ministry of Labour and Employment.
The first settlement between the Bihar Gramin Bank Adhikari Sangh, Patna and the bank management, is expected to benefit around 8,400 employees, with financial benefits estimated at Rs 67.17 crore. It covers demands relating to Performance Linked Incentive (PLI), officiating allowances, wage enhancement, travel allowances, promotions and compassionate appointments.
The second settlement between the Bihar Gramin Bank Workers Organisation (BGBWO) and the bank management, is expected to benefit around 2,500 employees. It provides financial benefits of approximately Rs 10.52 crore, including recurring annual benefits of Rs 9.02 crore.
The agreement addresses issues relating to the implementation of the 12th Bipartite Settlement, enhancement of House Rent Allowance, increased transport allowance for Divyang employees, overtime payments, transparency in promotions and the formation of a Negotiating Council.
The conciliation proceedings were facilitated through dialogue and cooperation between the bank management and employees' organisations, helping resolve the disputes amicably.
The settlements underscore the role of the Chief Labour Commissioner (Central) Organisation in protecting employees' interests and promoting harmonious industrial relations through effective conciliation.
UNI RS SS
Tags: #Industrial settlements benefit for over 10#900 Bihar Gramin Bank employees
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