Latest news with #SCBs
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Business Standard
3 days ago
- Business
- Business Standard
Banks' supervisory data quality index improved in March 2025, says RBI
RBI reports sDQI for scheduled commercial banks improved to 89.3 in March 2025; small finance banks scored above 90, reflecting higher data accuracy and compliance BS Reporter The Supervisory Data Quality Index (sDQI) of scheduled commercial banks (SCBs) improved to 89.3 in March 2025 from 86.8 in March 2024, the Reserve Bank of India (RBI) said on Wednesday. The sDQI measures data quality in terms of accuracy, timeliness, completeness, and consistency in the submission of regulatory returns by banks. According to the RBI, a score between 80 and 90 is considered 'acceptable', while a score between 70 and 80 indicates that improvement is required. Any score below 70 is deemed 'not acceptable', and a score above 90 is considered 'good'. In March 2025, state-owned banks, private sector banks, and foreign banks recorded sDQI scores in the '80–90' range, whereas small finance banks reported scores above 90, placing them in the 'good' category. The sDQI for SCBs covers 87 banks and assesses the quality of key regulatory returns, including: * Return on Asset-Liability and Off-Balance Sheet Exposures (ALE) * Return on Asset Quality (RAQ) * Return on Operating Results (ROR) * Risk-Based Supervision Return (RBS) * Liquidity Return (LR) * Return on Capital Adequacy (RCA)
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Business Standard
3 days ago
- Business
- Business Standard
Supervisory Data Quality Index of commercial banks improves in March: RBI
Supervisory 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. "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. 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.
Economic Times
4 days ago
- Business
- Economic Times
Supervisory Data Quality Index of banks improves in March: RBI
Supervisory 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. "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. 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.
Time of India
4 days ago
- Business
- Time of India
Supervisory Data Quality Index of banks improves in March: RBI
Supervisory 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. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elegant New Scooters For Seniors In 2024: The Prices May Surprise You Mobility Scooter | Search Ads Learn More Undo "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. Live Events 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.
India Gazette
04-06-2025
- Business
- India Gazette
Public sector banks outshine Private lenders in Q4FY25 profit, driven by business expansion: CareEdge Report
New Delhi [India], June 4 (ANI): The government-owned banks have reported higher profits than their private sector counterparts in the fourth quarter of the financial year 2025, according to a recent report by CareEdge Ratings. The report shows that Scheduled Commercial Banks (SCBs) collectively witnessed a moderate improvement in their financial performance in Q4FY25. The report said 'Net profit for SCBs increased by 4.3 per cent year-on-year to Rs 0.93 lakh crore in the quarter, driven by business expansion.... Conversely, Private Sector Banks (PVBs) experienced a decline of 4.7 per cent, reaching Rs 0.42 lakh crore in Q4FY25'. Their Net Interest Income (NII), the difference between interest earned and interest paid, rose 3.6 per cent year-on-year (YoY) to reach Rs 2.09 lakh crore, supported by steady loan growth. However, this was partially offset by rising deposit costs, which impacted margins. The Net Interest Margin (NIM) for SCBs declined 21 basis points (bps) YoY to 2.99 per cent, mainly due to slower growth in high-yield loan segments, increased deposit rates, and slower growth in low-cost CASA deposits. Despite pressure on margins, net profit for SCBs increased by 4.3 per cent YoY to Rs 0.93 lakh crore in the quarter. This improvement came on the back of business expansion, lower provisioning requirements, and higher income from other sources. Among SCBs, Public Sector Banks (PSBs) showed impressive growth, with their net profit rising 13.1 per cent YoY to Rs 0.51 lakh crore. This surge in profit is attributed to a low base in the previous year, better asset quality, gains from treasury operations, and controlled operating expenses. In contrast, Private Sector Banks (PVBs) saw a 4.7 per cent decline in net profit, bringing their total to Rs 0.42 lakh crore in Q4FY25. The fall was largely due to losses posted by one major private bank, which faced accounting mismatches, difficulties in the microfinance segment, and higher provisioning needs. However, if this particular bank's performance is excluded, the overall profit of PVBs would have actually grown 5.4 per cent YoY, reaching Rs 0.46 lakh crore, showing relatively healthy growth. The banking sector's asset quality also improved in Q4. The Net Non-Performing Asset (NNPA) ratio of SCBs dropped to an all-time low of 0.5 per cent, compared to 0.6 per cent a year ago Overall, the report suggested that public sector banks have emerged stronger in the latest quarter, supported by improvements in profitability and asset quality, while private banks faced pressure due to isolated issues in select institutions. (ANI)
