India is witnessing better compliance and improved internal data governance practices across the banking system, with the Reserve Bank of India’s (RBI) latest report indicating a rise in the Supervisory Data Quality Index (sDQI) score of scheduled commercial banks (SCBs) to 90.7 in September 2025 from 89.9 in June 2025.
sDQI 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.
According to the report, small finance banks emerged as top performers, posting an sDQI of 91.5 in September 2025, followed by public sector banks with sDQI of 91.1, aided by near-perfect scores in completeness. Further, private sector banks maintained stable performance, with an sDQI of 90.6, while foreign banks’ sDQI improved to 90.4 in September 2025 as compared to 89.7 in June 2025.
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