New Delhi: Two industrial settlements involving Bihar Gramin Bank and its employees’ organisations will deliver financial benefits worth approximately ₹77.69 crore to more than 10,900 employees. The agreements were reached on October 22 and 23, 2026, through conciliation led by the Assistant Labour Commissioner (Central), Patna. The process operated under the Chief Labour Commissioner (Central), Ministry of Labour and Employment.
The first settlement, signed on October 22 between the Bihar Gramin Bank Adhikari Sangh, Patna, and the bank management, is expected to benefit around 8,400 employees. It covers financial benefits worth approximately ₹67.17 crore. Key demands include Performance Linked Incentive (PLI), officiating allowances, wage increases and higher travel allowances. The agreement also addresses promotions and compassionate appointments.
Second settlement provides recurring annual benefits
The second agreement was reached on October 23 between the Bihar Gramin Bank Workers Organisation (BGBWO) and the bank management. It is expected to benefit around 2,500 employees, with financial benefits estimated at ₹10.52 crore. This includes recurring annual benefits of approximately ₹9.02 crore.
The agreement addresses the effective implementation of the 12th Bipartite Settlement and an increase in House Rent Allowance (HRA). It also provides for higher transport allowances for employees with disabilities, overtime payments and greater transparency in promotions. The settlement further includes the formation of a Negotiating Council.
Both agreements followed constructive discussions and cooperation between the bank management and employee organisations. Their resolution aims to protect employees’ interests and strengthen industrial harmony. The conciliation process also reflects the labour authorities’ efforts to promote fair employment practices and resolve workplace disputes through dialogue.
