ICAR-MGIFRI promotes Soil Health, Balanced Fertilisation and Sustainable Orchard Management (See 'Corp Brief') Bhupender Yadav emphasizes importance of Science-based Biodiversity Governance (See 'Corp Brief') IPR - If well-known pharmaceutical mark with established goodwill & continuous use is sought to be diluted by subsequent user adopting coined expression sharing dominant prefix, case calls for interim injunction: HC (See 'Legal Desk') PM Vishwakarma Artisans showcase Traditional Crafts at BRICS Cultural Bazar (See 'Corp Brief') Industrial Settlements benefit Over 10,900 Bihar Gramin Bank Employees (See 'Corp Brief') Startup Credit Guarantees reach Rs 1,662 Crore (See 'Corp Brief') IPR - Converting passing off action into infringement claim post-registration does not change basic structure of suit: HC (See 'Legal Desk') Nadda leads Integrity Pledge Ceremony at Ministry of Health and Family Welfare (See 'Corp Brief') RM calls for 'Aatmanirbharta 2.0', next leap in defence self-reliance, at SWAVLAMBAN 2026 (See 'Corp Brief') IBC - Admission u/s 7 IBC requires summary finding of debt & default above statutory threshold, and not exact reconciliation or forensic reconciliation of accounts: SC (See 'Legal Desk') MoRTH to organise 'Transport Mela' under PARIVARTAN Scheme in Delhi-NCR (See 'Corp Brief') NCB launches 'Operation Trident', with 38 teams striking 38 locations (See 'Corp Brief') NIFTEM-K hosts India's First AI × Food Tech Hackathon, 'Hack the Fork' (See 'Corp Brief') Misc - Administrator could neither assume RBI's write-down power at point of non-viability nor exercise it after reconstruction scheme took effect: SC (See 'Legal Desk') GeM promotes 'The AABHAR Collection' to showcase India's Cultural Heritage (See 'Corp Brief') National Conclave 2026: Technical sessions outline reforms for future-ready cities (See 'Corp Brief') PM's appeal has given a new identity to Khadi: KVIC Chairman (See 'Corp Brief') SARFAESI - Secured creditor stepping into shoes of borrower/lessee cannot claim rights superior to those of original lessee: HC (See 'Legal Desk') Three-day event 'India Chem-2026' concludes in Mumbai (See 'Corp Brief') Agricultural Biological Resources generate ABS Benefits for Biodiversity (See 'Corp Brief') BHASHINI Division showcases Multilingual AI Solutions for Accessible Research at IIT Delhi (See 'Corp Brief') Capital Market - Sec 12A of Commercial Courts Act is mandatory and strict condition precedent for maintaining commercial suit where no urgent interim relief is contemplated: HC (See 'Legal Desk') Fisheries Investors & Exporters Conclave 2026 to boost Investment and Exports from Inland Fisheries (See 'Corp Brief') India's First Maritime NBFC SMFCL scales up with Rs 5,107 Crs disbursed (See 'Corp Brief') India advances Agrivoltaics Cooperation for Global South (See 'Corp Brief') RTI - Information regarding public orders & ongoing court proceedings is already accessible in public domain - falls outside disclosure obligations of public authority under statute: SEBI (See 'Legal Desk') An unsuccessful 'success fee' litigation (See CORP EINSICHT)

Industrial Settlements benefit Over 10,900 Bihar Gramin Bank Employees

Published: Oct 28, 2026

By TIOLCorplaws News Service

NEW DELHI, OCT 28, 2026: TWO industrial disputes involving the management of Bihar Gramin Bank and its employees' organisations were amicably resolved on October 22 and 23, 2026, through conciliation efforts of the Assistant Labour Commissioner (Central), Patna, under the Office of the Chief Labour Commissioner (Central), Ministry of Labour and Employment, Government of India.

The settlements are expected to extend financial benefits amounting to approximately Rs 77.69 crore to over 10,900 employees of Bihar Gramin Bank, including recurring annual benefits of approximately Rs 9.02 crore under the settlement with the Bihar Gramin Bank Workers Organisation (BGBWO).

The first settlement, reached on October 22, 2026, between the Bihar Gramin Bank Adhikari Sangh, Patna, and the bank management, is expected to benefit around 8,400 employees, with financial benefits amounting to approximately Rs 67.17 crore. The settlement addresses key employee demands, including payment of Performance Linked Incentive (PLI), officiating allowances, wage enhancement, enhancement of travel allowances, promotions and compassionate appointments.

The second settlement, reached on October 23, 2026, between the Bihar Gramin Bank Workers Organisation (BGBWO) and the bank management, is expected to benefit around 2,500 employees, with financial benefits amounting to approximately Rs 10.52 crore, including recurring annual benefits of approximately Rs 9.02 crore. This settlement addresses key demands relating to the effective implementation of the 12th Bipartite Settlement, enhancement of House Rent Allowance (HRA), increase in transport allowance for Divyang employees, payment of overtime, transparency in promotion processes and the formation of a Negotiating Council.

Both settlements were facilitated through constructive dialogue and the active participation and cooperation of the employees' organisations and the bank management, helping resolve the disputes amicably and strengthen industrial harmony.

These successful conciliation efforts reflect the continued commitment of the Chief Labour Commissioner (Central) Organisation towards safeguarding employees' interests, promoting fair labour practices and fostering harmonious industrial relations through effective conciliation and constructive dialogue.

TIOL CORP SEARCH

TIOL GROUP WEBSITES