diff --git a/bitnami/kserve-storage-initializer/0/debian-12/Dockerfile b/bitnami/kserve-storage-initializer/0/debian-12/Dockerfile
index edd79ba09963..97ce64ab4e89 100644
--- a/bitnami/kserve-storage-initializer/0/debian-12/Dockerfile
+++ b/bitnami/kserve-storage-initializer/0/debian-12/Dockerfile
@@ -7,13 +7,13 @@ ARG DOWNLOADS_URL="downloads.bitnami.com/files/stacksmith"
 ARG TARGETARCH
 
 LABEL org.opencontainers.image.base.name="docker.io/bitnami/minideb:bookworm" \
-      org.opencontainers.image.created="2025-10-11T12:25:54Z" \
+      org.opencontainers.image.created="2025-11-03T08:20:48Z" \
       org.opencontainers.image.description="Application packaged by Broadcom, Inc." \
       org.opencontainers.image.documentation="https://github.com/bitnami/containers/tree/main/bitnami/kserve-storage-initializer/README.md" \
       org.opencontainers.image.source="https://github.com/bitnami/containers/tree/main/bitnami/kserve-storage-initializer" \
       org.opencontainers.image.title="kserve-storage-initializer" \
       org.opencontainers.image.vendor="Broadcom, Inc." \
-      org.opencontainers.image.version="0.15.2"
+      org.opencontainers.image.version="0.16.0"
 
 ENV HOME="/" \
     OS_ARCH="${TARGETARCH:-amd64}" \
@@ -28,8 +28,8 @@ RUN --mount=type=secret,id=downloads_url,env=SECRET_DOWNLOADS_URL \
     DOWNLOADS_URL=${SECRET_DOWNLOADS_URL:-${DOWNLOADS_URL}} ; \
     mkdir -p /tmp/bitnami/pkg/cache/ ; cd /tmp/bitnami/pkg/cache/ || exit 1 ; \
     COMPONENTS=( \
-      "python-3.12.12-3-linux-${OS_ARCH}-debian-12" \
-      "kserve-storage-initializer-0.15.2-0-linux-${OS_ARCH}-debian-12" \
+      "python-3.12.12-5-linux-${OS_ARCH}-debian-12" \
+      "kserve-storage-initializer-0.16.0-0-linux-${OS_ARCH}-debian-12" \
     ) ; \
     for COMPONENT in "${COMPONENTS[@]}"; do \
       if [ ! -f "${COMPONENT}.tar.gz" ]; then \
@@ -47,9 +47,9 @@ RUN find / -perm /6000 -type f -exec chmod a-s {} \; || true
 RUN mkdir /.local && chmod g+rwX /.local
 RUN uninstall_packages curl
 
-ENV APP_VERSION="0.15.2" \
+ENV APP_VERSION="0.16.0" \
     BITNAMI_APP_NAME="kserve-storage-initializer" \
-    IMAGE_REVISION="37" \
+    IMAGE_REVISION="0" \
     PATH="/opt/bitnami/python/bin:/opt/bitnami/python/scripts:$PATH"
 
 USER 1001