diff --git a/bitnami/python/3.8/ol-7/Dockerfile b/bitnami/python/3.8/ol-7/Dockerfile
index 3ac039ffd16f..77f2e328d548 100644
--- a/bitnami/python/3.8/ol-7/Dockerfile
+++ b/bitnami/python/3.8/ol-7/Dockerfile
@@ -1,4 +1,4 @@
-FROM bitnami/oraclelinux-runtimes:7-r549
+FROM bitnami/oraclelinux-runtimes:7-r550
 LABEL maintainer "Bitnami <containers@bitnami.com>"
 
 # Install required system packages and dependencies
@@ -9,7 +9,7 @@ RUN wget -nc -P /tmp/bitnami/pkg/cache/ https://downloads.bitnami.com/files/stac
     rm -rf /tmp/bitnami/pkg/cache/python-3.8.1-0-linux-x86_64-ol-7.tar.gz
 
 ENV BITNAMI_APP_NAME="python" \
-    BITNAMI_IMAGE_VERSION="3.8.1-ol-7-r10" \
+    BITNAMI_IMAGE_VERSION="3.8.1-ol-7-r11" \
     PATH="/opt/bitnami/python/bin:$PATH"
 
 EXPOSE 8000
diff --git a/bitnami/python/README.md b/bitnami/python/README.md
index da27f3b5fb72..c017b4824800 100644
--- a/bitnami/python/README.md
+++ b/bitnami/python/README.md
@@ -48,8 +48,8 @@ $ kubectl apply -f test.yaml
 Learn more about the Bitnami tagging policy and the difference between rolling tags and immutable tags [in our documentation page](https://docs.bitnami.com/containers/how-to/understand-rolling-tags-containers/).
 
 
+* [`3.8-ol-7`, `3.8.1-ol-7-r11` (3.8/ol-7/Dockerfile)](https://github.com/bitnami/bitnami-docker-python/blob/3.8.1-ol-7-r11/3.8/ol-7/Dockerfile)
 * [`3.8-ol-7-prod`, `3.8.1-ol-7-r10-prod` (3.8-prod/ol-7/Dockerfile)](https://github.com/bitnami/bitnami-docker-python/blob/3.8.1-ol-7-r10-prod/3.8-prod/ol-7/Dockerfile)
-* [`3.8-ol-7`, `3.8.1-ol-7-r10` (3.8/ol-7/Dockerfile)](https://github.com/bitnami/bitnami-docker-python/blob/3.8.1-ol-7-r10/3.8/ol-7/Dockerfile)
 * [`3.8-debian-9-prod`, `3.8.1-debian-9-r8-prod`, `3.8-prod`, `3.8.1-prod`, `3.8.1-r8-prod` (3.8-prod/debian-9/Dockerfile)](https://github.com/bitnami/bitnami-docker-python/blob/3.8.1-debian-9-r8-prod/3.8-prod/debian-9/Dockerfile)
 * [`3.8-debian-9`, `3.8.1-debian-9-r8`, `3.8`, `3.8.1`, `3.8.1-r8` (3.8/debian-9/Dockerfile)](https://github.com/bitnami/bitnami-docker-python/blob/3.8.1-debian-9-r8/3.8/debian-9/Dockerfile)
 * [`3.7-ol-7-prod`, `3.7.6-ol-7-r11-prod` (3.7-prod/ol-7/Dockerfile)](https://github.com/bitnami/bitnami-docker-python/blob/3.7.6-ol-7-r11-prod/3.7-prod/ol-7/Dockerfile)