Seattle Indian Community - SeattleIndian
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Historical Event on 4/1/1935

The Reserve Bank of India was established as a Central Bank and the job of issuing notes was entrusted to this bank. The Commissioner's office which issued currency was abolished and was substituted by the Governer of the RBI. The issue offices scattered around the country came to be called as the regional offices of the Reserve Bank.

Other Historical Dates and Events
8/2/1988The Supreme Court confirmed death sentence on Satwant Singh and Kehar Singh in Indira Gandhi murder case.
1/7/1994The whole nation pays homage to Kanchi's beloved 'peripatetic tapasvin sage', Shri Shri Shankaracharya Chandrashekharendra, who died on this date during his 100th year.
8/14/1980Centre nationalizes Maruti company.
5/10/1981The first day and night cricket match of India was played at the flood-lit ground of the Wilson College Gymkhana (Bombay).
8/30/1934Balkrishna Pandharinath Gupte ""Baloo"", cricketer (brother of Fergie, Indian leggie), was born in Bombay.
5/1/1995SAARC endorses South Asia Free Trade Area (SAFTA) and establishes a South Asian Development Fund (SADF) for the economic and technical development of the subcontinent.
6/8/1915Geeta Rahasya', written by Lokmanya Tilak, published.
11/18/1948Nearly 500 people were drowned when the ferry steamer Narayan River capsized and sank in the Ganga near Patna.
6/13/2000Yashwant Sinha, Finance Minister, announces a one-time settlement of outstanding loans below Rs. 10 crores in a move aimed at ridding the public sector banks of Rs. 51,000 crores of bad loans.
2/10/1946Gandhiji revives 'Harijan' and allied group of weekly journals.
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