Further, out of total claims of Rs.2594.30 crore paid in respect of all the banks up to 2006-07, over 88 per cent of the amount paid was in respect of 176 UCBs alone.
Corporate service prices are still falling slowly. As for the condition surrounding price development, the balance between supply and demand in the domestic market is projected to be on a gradual improving trend, while an economic recovery is expected to continue moderately. In these circumstances, upward pressure on prices is likely to arise temporarily from the increase in crude oil prices.