18 May 2024
I think, you mean to ask about CORE banking.... The term CORE stands for Centralized Online Real-time Environment, which implies that the customer can experience the bank as a single entity, regardless of their location – with the aim to provide more independence for the customers in terms of using their accounts and conducting transactions from any of their branches. Core banking can be defined as a back-end system that processes banking transactions across the various branches of a bank.
CAclubindia
