Banks to start reporting on new CIMS: RBI Governor

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“The new system (CIMS) is starting with reporting by scheduled commercial banks and will be gradually extended to urban cooperative banks (UCBs) and non-banking financial companies (NBFCs),” Das said after the launch of the new system.

Shakyikant Das, RBI Governor on new cims, what cims, Centralised Information Management System, NBFC, NBFC, indian express, indian express newsRBI Governor ShaktiKant Das (Express Photo)

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Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday launched the Centralised Information Management System (CIMS), the central bank’s next generation data warehouse.

“The new system (CIMS) is starting with reporting by scheduled commercial banks and will be gradually extended to urban cooperative banks (UCBs) and non-banking financial companies (NBFCs),” Das said after the launch of the new system.

He said the CIMS uses state-of-the-art technology to manage Big Data and will serve as a platform for power users to carry out data mining and analysis.Parekh announces retirement: ‘Time to hang up boots’

RBI Governor ShaktiKant Das (Express Photo)

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday launched the Centralised Information Management System (CIMS), the central bank’s next generation data warehouse.

“The new system (CIMS) is starting with reporting by scheduled commercial banks and will be gradually extended to urban cooperative banks (UCBs) and non-banking financial companies (NBFCs),” Das said after the launch of the new system.

He said the CIMS uses state-of-the-art technology to manage Big Data and will serve as a platform for power users to carry out data mining and analysis.Parekh announces retirement: ‘Time to hang up boots’

© The Indian Express (P) Ltd

First published on: 01-07-2023 at 05:47 IST



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