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    <title>Guidelines to Streamline Pension Payment Issued; Banks Advised to Formulate Pension Friendly Measures.</title>
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    <description>Guidelines require banks to operationalise Central Pension Processing Centers to centralize pension disbursement, concentrate payment expertise, provide a single-window interface with government departments, and improve accuracy and timeliness. Banks must adopt pensioner-friendly measures including designated nodal officers or forums for grievance settlement outside CPPCs, toll-free dedicated pension helplines staffed by trained persons with database access, pension-focused branch inspections and random pensioner contacts during inspections, and regular staff training; public sector banks should prioritise expeditious redress of pensioner grievances.</description>
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