Core Banking Solutions (CBS) refer to the centralized and integrated software applications that banks and financial institutions use to manage their core business functions. These solutions play a crucial role in automating and streamlining various banking processes, allowing for efficient and seamless operations.

Implementing a Core Banking Solution is a significant undertaking for financial institutions, requiring careful planning, customization, and integration with existing systems. However, the benefits of improved efficiency, customer service, and adaptability often outweigh the challenges associated with the implementation process.

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