RBI · Ministry of Electronics & IT ·

Supervisory Data Quality Index for Scheduled Commercial Banks (June 2026)

Distilled Policy Brief

  • The Reserve Bank of India (RBI) released the Supervisory Data Quality Index (sDQI) for Scheduled Commercial Banks (SCBs) for June 2026.
  • The index measures data quality based on accuracy, timeliness, completeness, and consistency in submitting returns and microdata for supervisory assessments.
  • The objective of sDQI is to assess adherence to the principles outlined in the Reserve Bank of India (Commercial Banks – Supervisory Returns) Directions, 2026 and Reserve Bank of India (Small Finance Banks - Supervisory Returns) Directions, 2026.

🎯 Prelims High-Yield Examination Points

What is the Supervisory Data Quality Index (sDQI) released by the RBI, and what parameters does it measure?

⚖️ Mains Analytical & Syllabus Linkages

Discuss the significance of data quality and regulatory compliance in strengthening the supervisory framework of Scheduled Commercial Banks in India.

🎯 UPSC Prelims Practice Drill

Economy

Consider the following statements regarding the Supervisory Data Quality Index (sDQI) released by the Reserve Bank of India (RBI): 1. It is designed for Scheduled Commercial Banks (SCBs) to measure data quality based on accuracy, timeliness, completeness, and consistency. 2. Its primary objective is to assess adherence to the principles enunciated in the recent Supervisory Returns Directions for Commercial Banks and Small Finance Banks. Which of the statements given above is/are correct?

  • [A] 1 only
  • [B] 2 only
  • [C] Both 1 and 2
  • [D] Neither 1 nor 2
▶ Reveal Official Answer & Analytical Explanation
✓ Correct Option: [C] Both 1 and 2

Both statements are correct. The Supervisory Data Quality Index (sDQI) released by the RBI for Scheduled Commercial Banks (SCBs) measures data quality across accuracy, timeliness, completeness, and consistency. Furthermore, its objective is to assess adherence to the principles outlined in the Reserve Bank of India (Commercial Banks – Supervisory Returns) Directions, 2026 and Reserve Bank of India (Small Finance Banks - Supervisory Returns) Directions, 2026.

Tark High-Yield Question Bank ⚡ Practice Full Test in Testing Arena ↗

🏛️ Historical Twin PYQ Anchor (2021)

UPSC Prelims 2021

Consider the following statements regarding the "National Clean Air Programme (NCAP)": 1. It is implemented by the Ministry of Environment, Forest and Climate Change. 2. Central Pollution Control Board acts as the sole regulatory executive body.

Forensic Anchor: Cabinet Allocation of Business Rules & NCAP Framework
Examiner Trap Takeaway: UPSC swapped Central Pollution Control Board role with State Pollution Control Boards for state-level monitoring.

📚 Static Syllabus & Constitutional Linkages

RBI Supervisory Framework: Functions of the Reserve Bank of India as a regulator and supervisor of commercial and small finance banks.