Latest news with #SupervisoryDataQualityIndex
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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
4 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.
Business Standard
4 days ago
- Business
- Business Standard
Supervisory Data Quality Index score of Scheduled Commercial Banks improves
The Reserve Bank of India (RBI) has created a Supervisory Data Quality Index (sDQI) that measures data quality in terms of the Accuracy, Timeliness, Completeness and Consistency in the submission of returns. The objective of sDQI is to assess the adherence to the principles enunciated in the Master Direction on Filing of Supervisory Returns 2024. The sDQI score of Scheduled Commercial Banks (SCBs) has improved to 89.3 in n March 2025 as compared to 88.6 in March 2024. Scheduled Commercial Banks accuracy level score moved up from 86.1 in Mar-24 to 86.7 in Mar-25.
