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OPERATIONAL ASPECTS OF CBS ENVIRONMENT
What does CBS stand for in the context of Indian banking?
CBS stands for Core Banking Solution, a centralized banking software platform that enables customers to access their accounts and banking services from any branch of the bank.
What is the full form of CBS in Indian banking?
Core Banking Solution connecting all bank branches centrally.
What is the primary architectural feature that distinguishes CBS from traditional branch banking?
CBS uses a centralized database where all branch data is stored at a central server, enabling real-time transaction processing across all branches rather than maintaining separate databases per branch.
What is the meaning of 'centralized database' in CBS?
Single unified database storing all customer and account data.
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