UPSC CURRENT AFFAIRS – 8 AUGUST 2026

The current affairs article highlights key UPSC-relevant developments in environment, economy, security, history, international relations, science and technology. The Supreme Court extended a 10-km prior-approval requirement for mining around notified wetlands and conservation reserves, strengthening wetland protection. India’s handloom sector was highlighted as a sustainable and technology-driven contributor to Viksit Bharat 2047. The article also …

Licensing Urban Cooperative Banks (UCBs)

Source: BTSubject: Economy Context: Reserve Bank of India (RBI) Governor announced that the central bank will soon issue draft guidelines for the resumption of on-tap licensing of Urban Cooperative Banks (UCBs). Licensing Urban Cooperative Banks (UCBs) About Licensing Urban Cooperative Banks (UCBs): What It Is? Licensing of Urban Cooperative Banks (UCBs) refers to the regulatory …