diff --git a/README.md b/README.md
index 7ac66a7ee..40a07f954 100644
--- a/README.md
+++ b/README.md
@@ -8,7 +8,8 @@ The IBM Power Virtual Systems Container Storage Interface (CSI) Driver provides
 # CSI Specification Compatibility Matrix
 | PowerVS CSI Driver | Kubernetes | CSI | Golang |
 | ----------------------------- | ----------- | -------- | -------- |
-| main | 1.30 | 1.10.0 | 1.22 |
+| main | 1.31 | 1.10.0 | 1.23 |
+| 0.8.0 | 1.31 | 1.10.0 | 1.23 |
 | 0.7.0 | 1.30 | 1.9.0 | 1.22 |
 | 0.6.0 | 1.29 | 1.9.0 | 1.21 |
 | 0.5.0 | 1.28 | 1.8.0 | 1.20 |
diff --git a/deploy/kubernetes/overlays/stable/kustomization.yaml b/deploy/kubernetes/overlays/stable/kustomization.yaml
index 905331c1c..44587c726 100644
--- a/deploy/kubernetes/overlays/stable/kustomization.yaml
+++ b/deploy/kubernetes/overlays/stable/kustomization.yaml
@@ -2,16 +2,16 @@ apiVersion: kustomize.config.k8s.io/v1beta1
 kind: Kustomization
 images:
 - name: registry.k8s.io/cloud-provider-ibm/ibm-powervs-block-csi-driver
-  newTag: v0.7.0
+  newTag: v0.8.0
 - name: registry.k8s.io/sig-storage/csi-provisioner
-  newTag: v5.0.1
+  newTag: v5.1.0
 - name: registry.k8s.io/sig-storage/csi-attacher
-  newTag: v4.6.1
+  newTag: v4.7.0
 - name: registry.k8s.io/sig-storage/csi-resizer
-  newTag: v1.9.4
+  newTag: v1.12.0
 - name: registry.k8s.io/sig-storage/livenessprobe
-  newTag: v2.12.0
+  newTag: v2.14.0
 - name: registry.k8s.io/sig-storage/csi-node-driver-registrar
-  newTag: v2.10.1
+  newTag: v2.12.0
 resources:
 - ../../base