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Historical Event on 5/14/1994
RBI announces tight monetary policy.
| Other Historical Dates and Events |
| 8/26/1852 | Bombay Association was established. |
| 11/1/1937 | Keral University established. |
| 11/5/1920 | Indian Red Cross society was founded in India under Bengal Act VIII. St.John Ambulance Association is a wing of this societywhich directed Improvement of Health, Prevention of Diseases and Mitigation of Suffering activities. |
| 1/26/1957 | Ashok Omprakash Malhotra, cricketer (Indian batsman in 7 Tests 1982-84), was born in Amritsar. |
| 4/26/1952 | India says U.N. may disintegrate if powers block consideration of issues in small countries. |
| 11/30/1995 | G. Umapati, filmmaker, died. |
| 7/1/1996 | RBI reduces cash reserve ratio to 12\%. |
| 2/28/1988 | Jaydev, famous music director, passed away. |
| 6/9/1923 | K. Alagirisami, famous journalist, playwright and story writer, was born. |
| 12/11/1996 | T. N. Seshan retires. M. S. Gill becomes the new election Chief Election Commissioner. |
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