<h1>RBI Issues Guidelines for Banks to Enhance Pension Payments with Central Pension Processing Centers for Efficient Management.</h1> The Reserve Bank of India issued guidelines to streamline pension payments through banks, emphasizing the establishment of Central Pension Processing Centers (CPPCs) for efficient management. The CPPCs aim to enhance focus on pension matters, ensuring accurate and prompt payments while reducing complaints. Banks are advised to implement pension-friendly measures, including creating forums for grievance resolution, appointing accessible nodal officers for complaints, establishing toll-free pension lines, incorporating pension-related checks in branch inspections, and organizing regular training for staff. Public Sector Banks are urged to prioritize pensioner issues, with the government facilitating prompt resolution of grievances.