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Operation Aspects Of Cbs Environment
What does CBS stand for in the context of Indian banking?
CBS stands for Core Banking Solution, a centralised platform that allows bank customers to access their accounts and perform transactions from any branch of the bank, regardless of where the account was opened.
What is a CBS host in the context of core banking operations?
Central server that processes all branch transactions in real-time.
What is the primary architectural feature that distinguishes CBS from traditional branch banking?
CBS uses a centralised database hosted at a data centre, so all branches connect to a single system in real time, eliminating the need for each branch to maintain its own standalone database.
What is meant by 'thin client' architecture in a CBS branch setup?
Branch terminals with minimal local processing, relying on central server.
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