New Jersey Indian Community - NewJerseyIndian.com
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Historical Event on 2/20/1997

RBI relaxes capital adequacy norms for commercial banks.

Other Historical Dates and Events
1/4/1948Burma achieved its independence from Great Britain. In 1989, Burma changed its name to Myanmar to reflect the multi-ethnic composition of the country. Apart from the Burmese, the main ethnic minority groups are the Karen, Shan, Mon, Chin, and Kachin. Just as the Burmese did against the British, almost all of these ethnic groups have struggled against the Burmese government for self-determination.
2/14/1932Madhubala (Mumtaj Begam), film actress, was born.
3/6/1997Indian Ocean Rim Association for Regional Cooperation (IOR-ARC) inaugurated in Mauritius.
4/3/1994B. Rachaiah,Kerala Governor, takes charge of Goa.
6/18/1943British Field Marshal Archibald Wavell becomes Viceroy of India.
4/6/1664Abraham Shipmen died without taking charge of Bombay Islands from Portuguese.
10/20/1990Kona Prabhakar Rao, former Governor of Maharashtra, died.
4/30/1998Sukh Ram, former Union Minister, decides to resign as a Minister in the Himachal Pradesh Government.
3/5/1948C. Rajagopalachari appointed the first Indian Governor General to succeed Lord Mountbatten on 21 June.
11/29/1959Govind Sakharam Serdesai, Jagirdar Raobahadur, passed away.