Core Banking Solution ( CBS ) is a software application that enables banks to offer services to its customers across branches. The entire data related to Bank’s products and services across all branches are stored in centralised database. Powerful and large servers are used to manage the huge collection of data. CBS works on hub and spoke model wherein the data centre and all the branches are connected with high speed network communication. CBS stores customer information, records transactions, calculates interest, charges and passing of accounting entries and today CBS has become the driving force for banks around the globe. In a CBS environment, most of the banking activities can be conducted at any branch as a customer is a customer of the bank and not a customer of the branch. Transactions worth billions of dollars are carried out each day by banks around the globe. There are numerous CBS products in the market catering to Banks like T24, BaNCS, Finacle, Flexcube, Profile etc,.
The Online course on Core Banking Solutions covers Core Banking basics, and enables ‘learn’ and ‘try’ e-learning built around a generic model CBS. The course is designed by experienced and expert techno-bankers.
• Aspiring and experienced banking professionals seeking to acquire a thorough understanding of general banking procedures and core-banking concepts
• Students of Banking and finance courses
• The e-LCBS content and process-flow reflect activities and processes of the real-time core banking solution.
• The ‘Try’ mode provides you with an opportunity to practice the steps/processes in the use of Core Banking Solution.
• Easy-to-use, learner-friendly environment
• Session-based structure
• Voice-overs
• Voice transcripts
• Simulations Scenario
• Practice sessions
• Graphical illustrations
• Quizzes
• Assessments
• The course comprises eight chapters:
• Chapter 1: Banking Business
• Chapter 2: Evolution of Banking Technology
• Chapter 3: Using a Core Banking Solution
• Chapter 4: CBS Supported Products and Services
• Chapter 5: Customer Related Processes
• Chapter 6: Teller Operations
• Chapter 7: Customer Induced Transactions
• Chapter 8: Reports
• The users will be able to gain an in-depth knowledge about the banking operations, and appreciate the intricacies involved in handling the banking transactions in a CBS environment.
