Core Banking System (CBS)

byPaytm Editorial TeamLast Updated: November 14, 2025

Definition

CBS stands for Core Banking System. It is a centralized software system that allows customers to access their bank accounts and perform transactions from any branch.

Benefit

With CBS, a customer can deposit, withdraw, or transfer money from any branch of the same bank — making banking seamless and connected.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

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