Pvt sector banks see drop in accuracy of data reporting

Private sector banks led a broad-based deterioration in data reporting quality in the March 2026 quarter, as the latest round of the Supervisory Data Quality Index (sDQI) showed a marked decline in their scores compared with the previous quarter.The sDQI, a quarterly metric compiled by the Reserve Bank of India, tracks the quality of regulatory data submitted by banks across four parameters—accuracy, completeness, timeliness and consistency—and is updated every quarter to reflect changes in reporting standards and systems.In the March 2026 update, private sector banks recorded the steepest sequential drop among all segments, with their overall score falling from 90.6 in December 2025 to 89.3. The decline was broad-based, with accuracy slipping from 87.2 to 85.4, completeness dropping from 97.6 to 95.5, and timeliness weakening from 90.1 to 88.9.

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