Jump to content

1988 in India

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Ulric1313 (talk | contribs) at 13:25, 6 June 2020 (dab). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

1988
in
India

Centuries:
Decades:
See also:List of years in India
Timeline of Indian history

Events in the year 1988 in the Republic of India.

Incumbents

Governors

Events

  • April – Security & Exchange Board of India established to deal with the development and regulation of the securities market and investor protection.
  • The Discount and Finance House of India, set up as a money market institution, commenced operations.
  • July – The National Housing Bank established as an apex body of housing finance and to promote activities in housing development.
  • August – Stock Holding Corporation of India, a depository institution, commenced operations.
  • August - Floods in Punjab, Haryana
  • 21 August – The 6.9 MwBihar earthquake shook northern Bihar near Nepal with a maximum Mercalli intensity of VIII (Severe), killing 709–1,450.
  • October – Maximum lending rate abolished. Banks free to charge customers according to their credit record.
  • The National Consumer Disputes Redressal Commission is set up under the Consumer Protection Act of 1986.
  • Voting age reduced from 21 to 18 years

Births

Deaths

Full date unknown

See also