Answer Posted / sameer.d.ghadge
Core Banking is normally defined as the business conducted
by a banking institution with its retail and small business
customers. Many banks treat the retail customers as their
core banking customers, and have a separate line of
business to manage small businesses. Larger businesses are
managed via the Corporate Banking division of the
institution.Core banking basically is depositing and
lending of money.
Is This Answer Correct ? | 23 Yes | 5 No |
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