The UCBs continued to grow at a fast pace till 2003, when their number increased to 1941 and their deposits and advances to ₹ billion and ₹ billion respectively. Subsequently, the number of UCBs declined in 2006 to 1853 due to the consolidation efforts we have undertaken to address the weaknesses in the UCB sector.
Resultantly the sector is in a much better shape than before. As on March 2012 there were 1618 UCBs with total deposits of ₹ billion and advances of ₹ billion.