Bank Exams Exam > Bank Exams Notes > SBI PO Prelims & Mains Preparation > Core Banking Solution (CBS)
Core Banking Solution (CBS) | SBI PO Prelims & Mains Preparation - Bank Exams PDF Download
Introduction
This word is more often used by bankers and now-a-days postal officials are also using it. CBS is an acronym of Core Banking Solutions. Again one will wonder what the meaning of core is, core is also an acronym. It stands for "Centralized On-line Real-time Exchange".
Definition
- Core Banking Solution (CBS) is networking of branches, which enables Customers to operate their accounts, and avail banking services from any branch of the Bank on CBS network, regardless of where he maintains his account. The customer is no more the customer of a Branch. He becomes the Bank’s Customer.
- Another interesting fact regarding CBS is that all CBS branches are inter-connected with each other. Therefore, Customers of CBS branches can avail various banking facilities from any other CBS branch located anywhere in the world.
What it offers to a customer?
It offers invariably all information that a bank's customer would need if he/she visits a bank branch in person.These are as herein follows:
- To make enquiries about the balance or debit or credit entries in the account.
- To obtain cash payment out of his account by tendering a cheque.
- To deposit a cheque for credit into his account.
- To deposit cash into the account.
- To deposit cheques/cash into account of some other person who has account in a CBS branch.
- To get the statement of account.
- To transfer funds from his account to some other account – his own or of third party, provided both accounts are in CBS branches.
- To obtain Demand Drafts or Banker’s Cheques from any branch on CBS – amount shall be online debited to his account.
Customers can continue to use ATMs and other Delivery Channels, which are also interfaced with CBS platform.
Top CBS Application Software Providers
(i) Infosys Technologies Ltd. Finnacle is the universal banking solution from Infosys.(ii) I-flex solutions Ltd. since late 2005 it is owned by Oracle
(iii) TCS FNS (Financial Network Services Limited) is an Australian developer and supplier of banking application software, operating in world markets. Now owned and managed by TCS.
Thus, CBS is a step towards enhancing customer convenience through anywhere and anytime banking.
The document Core Banking Solution (CBS) | SBI PO Prelims & Mains Preparation - Bank Exams is a part of the Bank Exams Course SBI PO Prelims & Mains Preparation.
All you need of Bank Exams at this link: Bank Exams
|
628 videos|824 docs|280 tests
|
Related Exams
About this Document
|
4.87/5 Rating |
|
Dec 23, 2024 Last updated |
Document Description: Core Banking Solution (CBS) for Bank Exams 2024 is part of SBI PO Prelims & Mains Preparation preparation.
The notes and questions for Core Banking Solution (CBS) have been prepared according to the Bank Exams exam syllabus. Information about Core Banking Solution (CBS) covers topics
like Introduction and Core Banking Solution (CBS) Example, for Bank Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for Core Banking Solution (CBS).
Introduction of Core Banking Solution (CBS) in English is available as part of our SBI PO Prelims & Mains Preparation
for Bank Exams & Core Banking Solution (CBS) in Hindi for SBI PO Prelims & Mains Preparation course.
Download more important topics related with notes, lectures and mock test series for Bank Exams
Exam by signing up for free. Bank Exams: Core Banking Solution (CBS) | SBI PO Prelims & Mains Preparation - Bank Exams
Description
Full syllabus notes, lecture & questions for Core Banking Solution (CBS) | SBI PO Prelims & Mains Preparation - Bank Exams - Bank Exams | Plus excerises question with solution to help you revise complete syllabus for SBI PO Prelims & Mains Preparation | Best notes, free PDF download
Information about Core Banking Solution (CBS)
In this doc you can find the meaning of Core Banking Solution (CBS) defined & explained in the simplest way possible. Besides explaining types of
Core Banking Solution (CBS) theory, EduRev gives you an ample number of questions to practice Core Banking Solution (CBS) tests, examples and also practice Bank Exams
tests
|
628 videos|824 docs|280 tests
|
Download as PDF
|
Explore Courses for Bank Exams exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Summary
,Previous Year Questions with Solutions
,Free
,ppt
,video lectures
,Important questions
,Core Banking Solution (CBS) | SBI PO Prelims & Mains Preparation - Bank Exams
,Core Banking Solution (CBS) | SBI PO Prelims & Mains Preparation - Bank Exams
,shortcuts and tricks
,Core Banking Solution (CBS) | SBI PO Prelims & Mains Preparation - Bank Exams
,practice quizzes
,mock tests for examination
,Semester Notes
,Objective type Questions
,past year papers
,Exam
,Sample Paper
,MCQs
,Extra Questions
,study material
,Viva Questions
;
Additional Information about Core Banking Solution (CBS) for Bank Exams Preparation
Core Banking Solution (CBS) Free PDF Download
The Core Banking Solution (CBS) is an invaluable resource that delves deep into the core of the Bank Exams exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the Core Banking Solution (CBS) now and kickstart your journey towards success in the Bank Exams exam.
Importance of Core Banking Solution (CBS)
The importance of Core Banking Solution (CBS) cannot be overstated, especially for Bank Exams aspirants.
This document holds the key to success in the Bank Exams exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
Core Banking Solution (CBS) Notes
Core Banking Solution (CBS) Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to Core Banking Solution (CBS).
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, Core Banking Solution (CBS) Notes on EduRev are your ultimate resource for success.
Core Banking Solution (CBS) Bank Exams Questions
The "Core Banking Solution (CBS) Bank Exams Questions" guide is a valuable resource for all aspiring students preparing for the
Bank Exams exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study Core Banking Solution (CBS) on the App
Students of Bank Exams can study Core Banking Solution (CBS) alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Core Banking Solution (CBS),
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Core Banking Solution (CBS) is prepared as per the latest Bank Exams syllabus.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup