Banking Term: CBS

Find important banking term that is useful in upcoming banking exam.

Banking Term: CBS

  • CBS stands for Core Banking Solutions.
  • Core or centralized banking solution is a heart of banking system
  • This is a process by which a bank has interconnect their maximum branches through wide area network and only this system provide a facility of any branch or any time banking.

Question: CBS stands for

  1. Core Banking System
  2. Core Bank Solutions
  3. Core Banking Solutions
  4. Core Banking System
  5. None of these

Ans. 3

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