Core Banking Solution ( CBS ) IT Modernisation Project ：核心银行解决方案（CBS）它现代化项目.pdfVIP

Core Banking Solution (CBS) IT Modernisation Project FREQUENTLY ASKED QUESTIONS 1. What is Core Banking Project? India Post has a vision to be one of the leaders in providing banking and money remittance services to the citizens of the country with a focus on the rural population. This vision translates into the following strategy:  Be the first choice in savings bank deposits schemes with innovative customer-centric services  Provide access to diverse financial services products thereby becoming the engine of economic and social growth  Increase operational efficiency through the induction of state of art technology. In order to meet the requirements and need of the India Post 2012 Project, Core Banking Solution (CBS) will be implemented across India Post covering all the post offices. CBS is networking of branches, which enables customers to operate their accounts, and avail banking services from any post office on CBS network, regardless of where they maintain their account. The customer is no more the customer of a particular post office. Thus, CBS is a step towards enhancing customer convenience through „Anywhere and Anytime Banking ‟. CBS / Postal Banking solution is part of the overall solution planned for India Post, 2012 project. A graphic representation of the same is given below: * Information Communication Technology 2. How it is different from the existing Sanchay Post? Sanchay Post is a LAN (Local Area Network) based application. CBS on the other hand is a centralized application with browser based in