diff --git a/CMakeLists.txt b/CMakeLists.txt
index d99c95c62..9e475e121 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -79,7 +79,7 @@ endif()
 set(PACKAGE_NAME "RDMA")
 
 # See Documentation/versioning.md
-set(PACKAGE_VERSION "48.2")
+set(PACKAGE_VERSION "48.3")
 # When this is changed the values in these files need changing too:
 #   debian/control
 #   debian/libibverbs1.symbols
diff --git a/debian/changelog b/debian/changelog
index 9a927eb39..d94c97de2 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,9 @@
+rdma-core (48.3-1) unstable; urgency=low
+
+  * New upstream release.
+
+ -- Nicolas Morey <nmorey@suse.com>  Tue, 08 Oct 2024 08:21:08 +0200
+
 rdma-core (48.2-1) unstable; urgency=low
 
   * New upstream release.
diff --git a/redhat/rdma-core.spec b/redhat/rdma-core.spec
index 4e203f7e9..c88d66e20 100644
--- a/redhat/rdma-core.spec
+++ b/redhat/rdma-core.spec
@@ -1,5 +1,5 @@
 Name: rdma-core
-Version: 48.2
+Version: 48.3
 Release: 1%{?dist}
 Summary: RDMA core userspace libraries and daemons
 
diff --git a/suse/rdma-core.spec b/suse/rdma-core.spec
index a008cb6aa..198cf348c 100644
--- a/suse/rdma-core.spec
+++ b/suse/rdma-core.spec
@@ -28,7 +28,7 @@
 
 %define         git_ver %{nil}
 Name:           rdma-core
-Version:        48.2
+Version:        48.3
 Release:        0
 Summary:        RDMA core userspace libraries and daemons
 License:        BSD-2-Clause OR GPL-2.0-only