The 'binning' process consists in summing the energies (squared magnitude) within groups of adjacent FFT values. This will give you the total energy in a set of disjoint frequency bands.
A more elaborate form consists in using overlapping triangle filter banks - you compute a weighted sum of the energy in a range of FFT bins to get a number which can be interpreted as the energy measured at the output of a band-pass filter of a given center frequency/width.
Can anybody help in generating such overlapping filter banks as I am new to signal processing and having hard time creating such a filter.
Thanks in advance