RBI’s Supervisory Data Quality Index (sDQI) Report – March 2025 Update
The Reserve Bank of India (RBI) has developed the Supervisory Data Quality Index (sDQI) to assess the quality of data submitted by Scheduled Commercial Banks (SCBs). This index evaluates banks based on four crucial parameters:
The objective is to enhance transparency, promote data discipline, and assess adherence to the principles laid out in the Master Direction on Filing of Supervisory Returns 2024.
According to the latest RBI release, the overall sDQI score for SCBs has improved from 88.6 in March 2024 to 89.3 in March 2025. The improvement is driven by significant gains in timeliness and consistency of data submissions.
Bank Group | Accuracy (Mar-24) | Completeness (Mar-24) | Timeliness (Mar-24) | Consistency (Mar-24) | sDQI Score (Mar-24) | Accuracy (Mar-25) | Completeness (Mar-25) | Timeliness (Mar-25) | Consistency (Mar-25) | sDQI Score (Mar-25) |
---|---|---|---|---|---|---|---|---|---|---|
Scheduled Commercial Banks | 86.1 | 96.2 | 86.8 | 85.0 | 88.6 | 86.7 | 95.8 | 89.1 | 85.7 | 89.3 |
Public Sector Banks | 87.1 | 99.6 | 85.4 | 84.6 | 89.2 | 85.7 | 99.4 | 84.8 | 85.2 | 88.8 |
Private Sector Banks | 85.5 | 99.7 | 85.8 | 84.6 | 88.9 | 87.5 | 98.9 | 86.5 | 85.3 | 89.6 |
Foreign Banks | 86.1 | 92.7 | 86.2 | 85.4 | 87.6 | 86.9 | 92.6 | 90.9 | 85.9 | 89.1 |
Small Finance Banks | 86.6 | 99.6 | 92.8 | 84.9 | 91.0 | 85.8 | 98.9 | 91.5 | 86.1 | 90.6 |
The RBI also shared the distribution of SCBs based on their sDQI performance. These are classified under four scoring bands:
March 2025 Key Observations:
The chart below showcases the performance of SCBs on each parameter over the past five quarters:
The sDQI includes data from returns such as:
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