Tampa Bay Indian Community - tampabayIndian.com
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Historical Event on 2/20/1997

RBI relaxes capital adequacy norms for commercial banks.

Other Historical Dates and Events
5/5/1942Henry Albert John Gidney, great leader and politician, died at New Delhi.
9/7/1998Prof. K. M. Chandy, Congress (I) leader and former Governor of Gujarat and Madhya Pradesh, died in Kochi at the age of 77.
5/24/1991The body of Rajiv Gandhi, India's assassinated former premier and son of the late Indira Gandhi, was cremated in New Delhi today. He was killed by a suicide bomber in the southern state of Tamil Nadu three days ago. Police suspect that Tamil rebels, fighting for independence in Sri Lanka, carried out the murder. Gandhi's death signaled the end of the Nehru dynasty's rule over India. His two children were too young to assume the leadership of this turbulent nation. There was pressure for Sonia Gandhi to succeed her husband, but she was Italian-born and refused.
10/3/1985Morocco breaks diplomatic relations with India after New Delhi announced its recognition of the Saharwi Arab Democratic Republic.
6/9/2000The CBI-designated court frames charges against Bihar Chief Minister Rabri Devi and RJD president Laloo Prasad Yadav in the disproportionate assets case.
4/1/1998Prabhat Kumar, a 1963 batch IAS officer, was appointed as the new Cabinet Secretary of India. He succeeded T.S.R. Subramaniam and held the office till 31-10-2000.
5/13/1883Henk JFM Sneevliet, leader RSAP/editor Spartacus (Dutch-Indies), was born.
7/3/1927A. Neelameghan, librarian, was born at Ootacamund in Tamil Nadu.
5/13/1998India conducts two more nuclear tests at Pokhran. The US slaps sanctions. The Prime Minister says India will face down sanctions.
4/20/1965First Indian team led by M. S. Kohli ascends the Everest.