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Historical Event on 2/14/1970

Supreme Court holds nationalization of banks illegal. Presidential ordinance revalidates nationalization.

Other Historical Dates and Events
1/1/1948India raised voice against Pakistani infilatration in the country. A complaint was lodged in the Security Council of United Nation on Kashmir invasion.
12/28/1931The second round of a British-Indian conference on the political future of India collapsed in disagreement over demands by Indian nationalists for complete independence. The British government had seemed willing to grant a limited dominion status. But Mahatma Gandhi, who had come to the conference to present the demands of the All-India Nationalist Congress, refused to accept anything less than complete independence. The breakdown of the talks set off a new round of disorders, Gandhi was greeted by rioting in the streets of Bombay between upper-caste Hindu members of the Congress party and ""untouchable"" caste members who had turned against him.
4/24/1972Jamini Roy, Padmabhushan awardee and famous painter, passed away.
10/21/1997RBI de-regulates deposit rates, reduces CRR and Bank Rate (from 10\% to 9) and allows banks to have two sets of Prime Lending Rates.
5/27/1994Tarktirth Laxmanshastri Joshi, internationally famous omnicient, passed away.
7/18/1996Union Finance Ministry gives final clearance to the Enron power project in terms of issuance of counter-guarantee.
12/7/1902Janardhan Gyanoba Navle, cricketer, India's first Test wicket-keeper, was born at Fulgaon, Maharashtra. He played against England at Lord's in 1932.
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.
6/20/1972Paras Laxmikant Mhambrey, great Indian cricket pace bowler (Test v England 1996), was born in Bombay.
12/11/1996T. N. Seshan retires. M. S. Gill becomes the new election Chief Election Commissioner.