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Historical Event on 2/20/1997
RBI relaxes capital adequacy norms for commercial banks.

Other Historical Dates and Events
7/27/1887	Sardar Davar Tehmuras Kavasji, social worker and lawyer, was born.
2/20/1947	British Prime Minister Clement Attlee announced in the House of Commons, London, that Britain will release India before June 1948 and for this purpose Lord Louis Mountbatten was appointed to work as the new Viceroy of India.
7/18/1980	Second Experimental launch of Space Launch Vehicle -3 (SLV-3) by Indian made 35 kilogram Rohini satellite (RS-1) successfully placed in orbit. It was used for measuring in-flight performance of second experimental launch of SLV-3. The launch took from Sriharikota and India became the sixth nation to put a satellite into orbit.
12/3/1955	In exercise of the powers conferred by the provision in Article 343 (2) of the constitution, orders were issued for the use of Hindi language in addition to the English language for specific purposes of the union.
1/19/1951	Amritlal Vithaldas Thakkar (Thakkarbappa), social reformer of Gujrat and right hand of Gandhiji in socially segregated Harijans, passed away.
2/13/1719	Jahandar Shah was strangled to death and the Sayyid brothers were killed soon after.
10/15/1977	The Congress party denies bid by Indira Gandhi to regain leadership.
4/1/1962	Metric weights became compulsory as New Weights and Measurements Metric system was intoduced by Indian Government.
4/5/1987	The centenary of Bombay Fire Brigade was celebrated. (CIVIC).
8/10/1755	Narayanrao Peshwa was born.

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Historical Event on 2/20/1997 RBI relaxes capital adequacy norms for commercial banks.

Historical Event on 2/20/1997
RBI relaxes capital adequacy norms for commercial banks.