📷 Image: Wikimedia Commons / Wikimedia Commons
Business
RBI reports rise in banks' regulatory data quality to 93.3, sDQI improves
✍️ Asianet Newsable
🗓 22 Sep 2026, 07:46 PM
👁 10
The Reserve Bank of India said the supervisory data quality index (sDQI) for banks has climbed to 93.3, indicating better regulatory data compliance.
The Reserve Bank of India released its latest supervisory data quality index (sDQI) figures, showing that the overall quality of regulatory data submitted by banks has risen to 93.3. This marks a notable improvement in the accuracy and completeness of information that banks provide to the central bank.
According to the RBI, the upward movement reflects concerted efforts by banks to address data gaps identified in earlier reporting cycles. While the exact previous score was not disclosed, the increase signals that corrective actions taken by financial institutions are bearing fruit.
Higher data quality enhances the RBI’s ability to monitor systemic risks, conduct stress tests and enforce prudential regulations more effectively. The central bank emphasized that maintaining robust data standards remains a priority for the stability of the banking sector.
RBI officials indicated that the supervisory framework will continue to evolve, with periodic assessments to ensure that banks sustain and further improve their data reporting practices.
According to the RBI, the upward movement reflects concerted efforts by banks to address data gaps identified in earlier reporting cycles. While the exact previous score was not disclosed, the increase signals that corrective actions taken by financial institutions are bearing fruit.
Higher data quality enhances the RBI’s ability to monitor systemic risks, conduct stress tests and enforce prudential regulations more effectively. The central bank emphasized that maintaining robust data standards remains a priority for the stability of the banking sector.
RBI officials indicated that the supervisory framework will continue to evolve, with periodic assessments to ensure that banks sustain and further improve their data reporting practices.