Supervisory Data Quality Index of banks improves in March: RBI
Data Quality
Index of
commercial banks
has improved to 89.3 in
March 2025
compared to 88.6 in the year-ago period, the Reserve Bank said on Wednesday.
The
RBI
has created a Supervisory Data Quality Index (sDQI) that measures data quality in terms of the accuracy, timeliness, completeness and consistency in various key financial parameters, including bad loans,
asset-liability
and
capital adequacy
.
The index will help the regulator to assess the
financial health
of commercial banks, including small finance banks.
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"The sDQI score of
Scheduled Commercial Banks
(SCBs) has improved in March 2025 as compared to March 2024," it said.
The sDQI for SCBs covers 87 SCBs and their key returns, including return on asset liability and off-balance sheet exposures, return on asset quality, return on operating results, risk-based supervision return (RBS), and liquidity return.
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The entity-level sDQI score is arrived at by aggregating the scores for Accuracy, Completeness, Timeliness and Consistency. The scores are computed for the bank group - Public Sector Banks, Private Sector Banks, Foreign Banks and Small Finance Banks - and for peer groups.
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