Multiple choice

What is not true about core banking solutions(CBS)?

  1. It is a networking of branches.

  2. It is the process which is completed in a centralized environment.

  3. It is a step of a bank towards enhancing the convenience of its customers.

  4. Anywhere and anytime banking is the concept associated with CBS.

  5. None of these
Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

All the above options are true about core banking solutions. Hence, option 5 is correct.

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