# UPSC current affairs, 30 October 2026 URL: https://upsc.help/current-affairs/2026-10-30/ Publisher: upsc.help (Pratidin), free and open-source UPSC Civil Services current affairs. Not affiliated with UPSC. Every fact was checked against the source reports by a separate review before publishing. ## Stories ### SC proposes that banks compensate digital arrest victims if they skip due diligence URL: https://upsc.help/current-affairs/2026-10-30/sc-digital-arrest-bank-liability/ (Markdown: https://upsc.help/current-affairs/2026-10-30/sc-digital-arrest-bank-liability.md) Source: The Hindu, Page 1. UPSC papers: GS3, GS2 **In one line:** The Supreme Court is weighing whether banks that fail to stop abnormal transfers should repay victims of digital arrest scams. Prelims facts: - On 29 October 2026, a Bench led by CJI Surya Kant proposed that banks compensate digital arrest victims and face prosecution where their failure of due diligence is proven. - The Attorney General said the RBI (Know Your Customer) Amendment Directions, 2026 should be notified by 30 November and operational by 31 December 2026. - The case is a suo motu writ, In Re: Victims of Digital Arrest Related to Forged Documents (SMW (Crl.) 3/2025). - The RBI's circular of 6 July 2017 gives customers zero liability for unauthorised electronic transactions caused by the bank's fraud, negligence or deficiency. - In August 2026 the Court gave the RBI four weeks to adopt an SOP for temporary debit holds on accounts linked to cyber fraud. ### SC says ministry has 'hijacked' NCLT staffing, wants hiring power with tribunal President URL: https://upsc.help/current-affairs/2026-10-30/nclt-staff-autonomy-sc-mca/ (Markdown: https://upsc.help/current-affairs/2026-10-30/nclt-staff-autonomy-sc-mca.md) Source: Indian Express, Page 7. UPSC papers: GS2, GS3 **In one line:** The Supreme Court says the corporate affairs ministry controls too much of the NCLT's staffing, and wants that power with the tribunal's President. Prelims facts: - On 29 October 2026 the Supreme Court said NCLT staffing had been "completely hijacked" by the Ministry of Corporate Affairs and that appointment power should lie with the NCLT President. - The NCLT and NCLAT Presidents must submit proposals on staffing and infrastructure within four weeks. - The MCA says it has only an administrative role in appointing the NCLT's 63 judicial and technical members, and that staff management was delegated to the NCLT on 14 October 2019. - The NCLT and NCLAT were constituted on 1 June 2016 under the Companies Act, 2013; the NCLAT under Section 410. - On 19 November 2025 the Supreme Court struck down the Tribunals Reforms Act, 2021 and ordered a National Tribunal Commission. ### Explained: Why NVS-03 matters for restoring NavIC, India's own navigation system URL: https://upsc.help/current-affairs/2026-10-30/navic-nvs-03-gslv-f18-explained/ (Markdown: https://upsc.help/current-affairs/2026-10-30/navic-nvs-03-gslv-f18-explained.md) Source: Indian Express, Explained. UPSC papers: GS3 **In one line:** NVS-03 is meant to take India's NavIC navigation system back above the four working satellites it needs to give positions on its own. Prelims facts: - NVS-03 was scheduled for launch on GSLV-F18, the 20th GSLV flight, at 11:51 pm on 30 October 2026 from Sriharikota's Second Launch Pad. - NVS-03 carries an indigenous atomic clock with procured clocks and adds an L1 signal to NavIC's existing L5 and S signals. - Only three NavIC satellites (IRNSS-1B, IRNSS-1I and NVS-01) are working; at least four are needed for standalone positioning. - NVS-02, launched on 29 January 2025 as Sriharikota's 100th launch, was stranded because the oxidiser valves for its thrusters did not open. - NavIC covers India and about 1,500 km beyond it, with position accuracy better than 20 m under its Standard Positioning Service. ### Study finds ice avalanches from hanging glaciers could hit 398 buildings in Badrinath URL: https://upsc.help/current-affairs/2026-10-30/badrinath-hanging-glacier-avalanche-study/ (Markdown: https://upsc.help/current-affairs/2026-10-30/badrinath-hanging-glacier-avalanche-study.md) Source: Indian Express, Page 2. UPSC papers: GS1, GS3 **In one line:** Scientists have modelled ice avalanches from three hanging glaciers above Badrinath and found they could reach about 398 buildings. Prelims facts: - A study in the journal Landslides (online 28 October 2026) found that ice avalanches from three hanging glaciers could reach about 398 buildings in Badrinath. - The study was by researchers from IISc's Divecha Centre for Climate Change, DRDO's Defence Geoinformatics Research Establishment and the University of Cambridge. - An April 2026 inventory found 219 hanging glaciers in the Alaknanda basin, holding about 0.74 cubic km of hanging ice. - The 7 February 2021 Chamoli disaster was a rock and ice collapse from Ronti Peak, not a glacial lake outburst flood. ### Centre sets up High-Level Committee on Banking for Viksit Bharat under Suresh N. Patel URL: https://upsc.help/current-affairs/2026-10-30/banking-committee-viksit-bharat-patel/ (Markdown: https://upsc.help/current-affairs/2026-10-30/banking-committee-viksit-bharat-patel.md) Source: PIB, Government release. UPSC papers: GS3 **In one line:** The Centre has set up a four-member committee under Suresh N. Patel to review India's banking sector for the needs of a developed economy. Prelims facts: - The High-Level Committee on Banking for Viksit Bharat, constituted on 30 October 2026, is chaired by former Central Vigilance Commissioner Suresh N. Patel and has a six-month tenure. - Its members include RBI Deputy Governor Shirish Chandra Murmu, former RBI Deputy Governor N.S. Vishwanathan and former Indian Bank MD and CEO Padmaja Chundru. - The committee was announced in the Union Budget 2026-27 on 1 February 2026. - Its terms of reference include reviewing the Priority Sector Lending framework and the Lead Bank Scheme, and a roadmap for AI in banking. - Domestic commercial banks must lend 40% of adjusted net bank credit to priority sectors, including 18% to agriculture.