The deposits with the Grade I and Grade II UCBs (the banks with no / low supervisory concerns) as a proportion of total deposits of the UCBs , excluding the two banks in Gujarat and Andhra Pradesh, which faced the crisis, amounted to 77.5%. This indicates that, at the moment, there is considerable improvement in the regulatory comfort as far as UCBs are concerned.
The process of improved cooperation and collaboration with all stakeholders under the MoU is likely to strengthen the position further. Impact of UCBs on the amount of claims settled by the DICGC 34. In the context of the UCBs, it is appropriate to mention the impact of their operations on the pay out by the DICGC to the depositors affected by the weak UCBs.