The Reserve Bank of India (RBI) has released a fresh report on the data quality of banks. In this report, through the sDQI score, it has been checked how accurate the banking data is and whether it has been submitted on time or not.

The Reserve Bank of India (RBI) has released a fresh report on the data quality of banks. In this report, through the sDQI score, it has been checked how accurate the banking data is and whether it has been submitted on time or not. By March 2025, this score has increased to 89.3, which shows a year-round improvement in data quality.

What is the sDQI score?

sDQI (Self-assessed Data Quality Index) is a score used by RBI. It is used to check how timely and accurately the banks are updating their data.

Small Finance Banks did the best.

According to the March 2025 report, the biggest improvement was seen in timely reporting, with the score increasing from 85.0 to 89.1. Small Finance banks performed the best and their average score was 90.1.

Only one bank in the category of 'serious concern'

A total of 42 banks got scores above 90, which were placed in the Good category. There was only 1 bank whose score was less than 70, which comes in the category of Major Concern. Data from a total of 87 banks has been included in this report.