Supervisory Data Quality Index score of small finance banks and private sector banks drops

The Supervisory Data Quality Index (sDQI) score for small finance banks fell by 1.5 points, private sector banks declined by 1.3 points, whereas foreign banks saw an increase of 0.7 points in March 2026 relative to December 2025, as reported by the Reserve Bank of India.

The sDQI evaluates data quality based on accuracy, timeliness, completeness, and consistency in banks’ submission of returns and microdata for supervisory review.

Public sector banks’ sDQI score slipped by 0.3 points in March 2026 compared with December 2025. Consequently, the overall sDQI for all scheduled commercial banks fell slightly by 0.2 points.

At the end of March 2026, the sDQI scores were 90.4 for small finance banks (down from 91.9 at end‑December 2025), 89.3 for private sector banks (down from 90.6), and 90.7 for public sector banks (down from 91.0). Foreign banks were the sole group to improve, reaching 91.4 from 90.7.

Overall, the sDQI for scheduled commercial banks slipped to 90.7 in March 2026, down from 90.9 in December 2025.

Banks must submit supervisory returns—covering all periodic and ad‑hoc data sent to the RBI in the formats prescribed from time to time, regardless of technology, frequency, or submission method—for both domestic and overseas activities, including IFSC Banking Units (IBUs) and Overseas Banking Units (OBUs) where relevant.

Published on June 20, 2026