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EquityWireRBI index shows banks' data quality rose in Dec;PSU banks' timeliness lagged

RBI index shows banks' data quality rose in Dec;PSU banks' timeliness lagged

This story was originally published at 15:00 IST on 1 April 2026
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Informist, Wednesday, Apr. 1, 2026

 

MUMBAI – The Reserve Bank of India Tuesday released the Supervisory Data Quality Index for scheduled commercial banks for December, showing an improvement in overall data quality compared with September. The overall index rose to 90.9 in December from 90.7 in September.

 

In terms of parameters, accuracy and consistency improved, while completeness and timeliness moderated slightly. The timeliness of public-sector banks fell to 90.8 on the index in December from 93.4 a quarter ago. This dragged their overall score down marginally to 91.0 from 91.1 in September. The score of private-sector banks was unchanged, while foreign banks and small finance banks showed improvement, with scores rising to 90.7 from 90.4 and 91.9 from 91.5, respectively.

 

Of the total 87 banks covered by the index, 59 banks scored above 90 in December, up from 57 in September. However, two banks scored below 80 in December, a grade meriting "Needs Improvement", the RBI said. All banks in the index had scored above 80 points in the last two quarters.  End 

 

Reported by Shumaila Firoz 

Edited by Ashish Shirke

 

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