Shaktikanta Das was addressing the 17th statistics day conference at the RBI headquarters, which also marks the birth anniversary of Prof Prasanta Chandra Mahalanobis the best-known mind in the field.
The RBI has announced the launch of its next-generation data warehouse Centralised Information Management System (CIMS). The system will first be used by commercial banks, followed by urban cooperative banks and non-banking financial companies. The CIMS will provide more data for public use and support online statistical analysis. It will also allow regulated entities access to their past data and quality assessment.
Reserve Bank Governor Shaktikanta Das on Friday said commercial banks will first begin reporting on the central bank's latest next-generation data warehouse, the Centralised Information Management System' (CIMS), followed by urban cooperative banks and non-banking financial companies.