August 2026 — Current affairs

Published summaries, organised by category. Source references accompany each item.

This is the available archive, not a claim of complete month coverage. Dates without published items are not included.

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Current affairs · AimTheTarget since June 2026 — 11 study days since 20 June 2026.A six-month pack opens at 180 study days in the last six months.

Polity

Election Commission modifies electoral roll revision schedule

The modified schedule runs booth-level officers' door-to-door visits from 30 June to 17 August 2026, with polling station rationalisation and restructuring completed on 17 August 2026. The draft electoral roll publishes on 24 August 2026, claims and objections run from 24 August to 23 September 2026, hearings and decisions on them from 24 August to 22 October 2026, and the final roll publishes on 27 October 2026.

Schemes

SchemesUPSC CSESSC CGLSSC CHSLIBPS POSBI POMPSC RajyasevaMPSC Group B#rural development#skill training#PIB

18.45 lakh trained, 12.35 lakh placed under DDU-GKY

PIB released a review of DDU-GKY implementation progress on 04 AUG 2026. Since the scheme's launch in 2014-15, 18.45 lakh rural poor have been trained and 12.35 lakh youth have been provided paid employment across various sectors of the economy. A review meeting on DDU-GKY implementation was held on 04.08.2026 under the chairmanship of State Minister Pemmassani Chandrasekhar, who reviewed the progress of DDU-GKY 2.0 and key digital reforms.

Sports

Awards

Padmashri Dr. D.Y. Patel, education pioneer, ex-governor, dies

Padmashri Dr. D.Y. Patel, former governor of Bihar, West Bengal and Tripura, has died; state minister Madhuri Mishal expressed grief over his death. He built eight universities of various types, modern hospitals in Kolhapur, Pune and Navi Mumbai, and Navi Mumbai's D.Y. Patel Stadium. Chief Minister Fadnavis said he had dedicated his entire life to education, and Deputy Chief Minister Eknath Shinde said his educational movement gave direction to millions of students' lives.

More this month

AllIBPS POSBI PO#rbi#mclr#walr

Banks' 1-year median MCLR rose to 8.60% in July 2026

The 1-year median marginal cost of funds based lending rate (MCLR) of scheduled commercial banks rose to 8.60 per cent in July 2026 from 8.50 per cent in June, while the weighted average lending rate on fresh rupee loans stood at 8.53 per cent in June 2026. The weighted average domestic term deposit rate on fresh rupee deposits was 5.99 per cent that month. The figures cover scheduled commercial banks excluding regional rural banks and small finance banks.

↗ ca-service · 01 Aug 2026Full analysis →

RBI issues Interest Rate on Deposits Amendment Directions, effective October 1, 2026

The Reserve Bank of India has issued its final Interest Rate on Deposits Amendment Directions, 2026, which come into effect from October 1, 2026. The directions span six categories of banks — commercial, small finance, regional rural, payment, local area and urban co-operative banks. They follow a draft the RBI released on June 5, 2026, that proposed greater flexibility for banks in pricing their Rupee bulk deposits while ensuring uniformity in disclosure of interest rates on deposits.

↗ ca-service · 01 Aug 2026Full analysis →

RBI Treasury Bills auction cut-off yields for July 29, 2026

The Reserve Bank of India released the full Treasury Bills auction result for July 29, 2026. The 91-day bill cut off at an implicit yield of 5.3402 per cent, the 182-day at 5.5977 per cent and the 364-day at 5.7393 per cent. Notified amounts were ₹9,000 crore, ₹8,000 crore and ₹7,000 crore respectively, and the full notified face value of each tenor was accepted.

↗ ca-service · 01 Aug 2026Full analysis →

Published study days · August

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