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VOL. 8, ISSUE 1 (2026)
Expanding the outreach of the banks in India through core banking solution
Authors
Dr. Aditya Raj
Abstract
Core banking has a centralised branch computerisation model where the
branches are connected to a central host, which incorporates branch automation
modules and online multiple delivery channels like ATM, ABB, Debit Card,
Tele-banking/mobile banking, internet banking, etc. under one roof. In core
banking, there is a central database for the bank and transactions are done
centrally, online. It offers integrated products and services to customers
round the clock. The modern banking services are integrated with CBS and one
single software for all the branches is operated on the bank’s intranet
infrastructure using a WAN. CBS facilitates data warehousing and data mining
technologies for business intelligence. However, it attracts higher investment
in the beginning but cost of implementation for further branches and delivery
channels are relatively cheaper. CBS also facilitates business process
re-engineering to streamline the existing processes. Core banking systems have
given banks a convenient, centralized processing capability, which translates
to banking services anytime and anywhere for customers. But, like all good
things, core banking systems also come with their share of challenges and
opportunities.
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Pages:35-37
How to cite this article:
Dr. Aditya Raj "Expanding the outreach of the banks in India through core banking solution". International Journal of Commerce and Economics, Vol 8, Issue 1, 2026, Pages 35-37
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