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Historical Event on 1/18/1997

Khanna Committee recommends more power to RBI over non-banking financial companies.

Other Historical Dates and Events
3/26/1990Sangma Ministry quits in Meghalaya. B. B. Lyngdoh is new CM.
10/20/1999The Cabinet approves the Insurance Regulatory Authority (IRA) Bill for introduction in the current session of Lok Sabha if time permits.
4/20/1997Sheri Bamboat and Hamshad Bamboat win National sea-bird sailing title.
5/25/1999India blasts its way into the global satellite launch vehicle market with the PSLV-C2 deploying two foreign satellites besides the Indian remote sensing satellite, IRS-P4.
6/27/1997Surendra Pratap Singh, famous Journalist and former chief editor of Nav Bharat Times Group, died ]at Delhi.
1/27/1901Tarkatirtha Laxmanshastri Joshi, the great thinker, master of Sanskrit and editor of Marathi Vishwakosh, was born.
5/30/1919Rabindranath Tagore returned back the honour as a protest against the Jallianwala Bagh massacre.
1/22/1997Former Haryana Chief Minister Bhajan Lal, former Union Ministers Ajit Singh, Ram Lakhan Singh Yadav and five others chargesheeted by CBI in Rs. 3.5 crore Jharkhand Mukti Morcha MPs bribery case.
11/28/1990Union Cabinet approves re-induction of Airbus A-320 in the domestic sector.
8/4/1923Nagpur University started working.
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