Question:
CBS stands for ...............
CBS stands for ...............
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Remember: CBS = Core Banking Solutions — core means the central system that connects all branches.
Updated On: Jul 1, 2025
- Code Banking Solutions
- Core Banking Solutions
- Common Banking Solutions
- Credit Banking Solutions
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The Correct Option is B
Solution and Explanation
CBS stands for Core Banking Solutions, which is a centralized banking system that allows customers to access their bank account and perform basic transactions from any branch of the bank, not just their home branch.
It integrates all the branches of a bank through networking and server systems to provide real-time banking services.
Core Banking includes services like deposits, withdrawals, loan processing, and account management through a centralized database.
This improves efficiency, enhances customer convenience, and supports online and mobile banking.
Options like Code Banking, Common Banking, or Credit Banking Solutions are not standard industry terms — Core Banking Solutions is the correct expansion.
It integrates all the branches of a bank through networking and server systems to provide real-time banking services.
Core Banking includes services like deposits, withdrawals, loan processing, and account management through a centralized database.
This improves efficiency, enhances customer convenience, and supports online and mobile banking.
Options like Code Banking, Common Banking, or Credit Banking Solutions are not standard industry terms — Core Banking Solutions is the correct expansion.
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