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CBS stands for Core Banking Solutions. Banks in India use the CBS concept and technology to centralize banking services across its branches. CBS Full Form is CORE Banking Solutions, and Core means Centralised Online Real-time Exchange. All the branches of the respective banks are networked through a sophisticated IT infrastructure. Full Form of CBS in Banking CBS spells Core Banking Solutions. Briefly speaking, it is the centralized system that enables all the banks' branches to provide banking services through a networked platform.