Andhra Pradesh (124 banks), Gujarat (296 banks), Karnataka (297 banks), Madhya Pradesh (61 banks), Uttranchal (7 banks), Rajasthan (39 banks), Chattisgarh (14 banks) and Goa (6 banks) which together constitute 844 UCBs i.e. over 45 percent of total number of UCBs and account for almost 23% of deposits of the sector.
As mentioned earlier, upon signing of MOU, as per the agreement, RBI constituted State Level Task Force for Urban Co-operative Banks (TAFCUB), which is a six-member body with two representatives each from State Government, UCB sector and Reserve Bank. The TAFCUBs are chaired by the respective Regional Directors of RBI and RCS is the Co-Chairperson.