Detroit Indian Community - DetroitIndian.net
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Historical Event on 2/20/1997

RBI relaxes capital adequacy norms for commercial banks.

Other Historical Dates and Events
8/20/1955Jawaharlal Nehru breaks off relations with the Portuguese after the invasion of Goa by Indian nationalists.
6/7/1998India emerges World Bank's single largest borrower with cumulative loans of 44 billion dollars.
2/27/1996In the Jain hawala case, non bailable warrants of arrest issued against 10 politicians including BJP leader L.K. Advani, former Dy. PM Devi Lal and former Union Ministers.
6/17/1839Lord William Bentik, governor general of India, was born.
1/30/1999Pandit Ravi Shankar, sitar maestro, is chosen for Bharat Ratna.
7/9/1755E Braddock, British General, was mortally wounded during French & Indian War.
5/17/1857Bahadhur Shah II declared as the emperor of India.
2/15/1936Nabin Chandra Bardoloi, freedom fighter, passed away. He was known for his patriotism and zeal for constructive work and was a forceful and emotional orator and debater and an eminent writer in Assamese litrature. He was also a musician and composed good number of patriotic poems and songs.
12/27/1901Gandhiji moves resolution on South Africa at Congress.
11/2/1972ICMR set up a chain of regional centres of National Nutrition Monitoring and 500 Indians seize Washington Bureaux in different parts of India.