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The Reserve Bank of India (RBI) has embarked on a major change in its information management framework for handling the massive data flow, aggregation, analysis, public dissemination and data governance following the launch of its Centralised Information Management System (CIMS). This system uses state-of-the-art technology to manage big data and will serve as a platform for power users to carry out data mining, text mining, visual analytics and advanced statistical analysis connecting data from multiple domains, such as, financial, external, fiscal, corporate and real sectors as well as prices. The new system, which is RBI’s next generation data warehouse, is starting with reporting by scheduled commercial banks and will be gradually extended to urban cooperative banks (UCBs) and non-banking financial companies (NBFCs). It will disseminate more data for public use and will also support on-line statistical analysis by external users at their end.
The Indian Institute of Spices Research (IISR) recently won the best technology award for its work in which field?
What compensation will be provided to the next of kin of prisoners in Karnataka in case of unnatural death due to quarrel among prisoners, as per the re...
Adani Ports receives NCLT approval to acquire ______ in Gangavaram Port.
President Smt. Draupadi Murmu released a postal stamp in whose memory?
Recently, India signed an MoU with which country for sharing INDIA STACK APIs, focusing on digital transformation and collaboration for startups and inn...
Who holds the record for the fastest World Cup hundred by an Indian?
Which initiative is DPIIT launching under the Startup India program to boost India's startup ecosystem?
Which organization has been recognized as the top private engineering college in India for 2024?
Which of the following sectors contributed the most to India's textiles and apparel exports in FY25 (April-October)?
_________ recently surpassed U.S chipmaker Intel to become the world’s leading chipmaker by revenue in 2021, as per a report released by research fir...