The Reserve Bank of India has introduced the Centralised Information Management System (CIMS), a next generation data warehouse, to strengthen regulatory supervision, monitoring, and enforcement. The system will improve monetary policymaking through refined economic analysis and the management of big data flow. RBI Governor Shaktikanta Das said the CIMS will lead to a paradigm shift in economic analysis and supervision, as well as reduce the regulatory compliance burden.
Friday, 30 June 2023
RBI upgrades info management system, launches next generation data warehouse CIMS
The Reserve Bank of India has introduced the Centralised Information Management System (CIMS), a next generation data warehouse, to strengthen regulatory supervision, monitoring, and enforcement. The system will improve monetary policymaking through refined economic analysis and the management of big data flow. RBI Governor Shaktikanta Das said the CIMS will lead to a paradigm shift in economic analysis and supervision, as well as reduce the regulatory compliance burden.
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