Banking · Core Banking Solutions
Which Core Banking System (CBS) function is primarily responsible for calculating and applying interest on Savings Bank accounts and Fixed Deposit accounts at pre-defined intervals?
- 1The Deposit Accounts Management module✓
- 2The Product and Parameter Master File module
- 3The Customer Relationship Management (CRM) module
- 4The General Ledger Management module
Correct answer
The Deposit Accounts Management module
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