Industrial Settlements Benefit Over 10,900 Bihar Gramin Bank Employees, Securing Financial Benefits Worth Nearly ₹78 Crore

Two industrial disputes between the management of Bihar Gramin Bank and its employee organizations were amicably resolved through conciliation efforts by the Assistant Labour Commissioner (Central), Patna, under the Ministry of Labour and Employment. These settlements benefit over 10,900 employees, providing financial advantages worth approximately ₹77.69 crore. The first settlement addressed demands such as Performance Linked Incentive, officiating allowances, wage enhancement, and promotions for around 8,400 officers. The second settlement covered roughly 2,500 workers regarding the implementation of the 12th Bipartite Settlement, House Rent Allowance, and overtime payments, including recurring annual benefits of about ₹9.02 crore.