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Historical Event on 10/21/1997
RBI de-regulates deposit rates, reduces CRR and Bank Rate (from 10\% to 9) and allows banks to have two sets of Prime Lending Rates.
Other Historical Dates and Events |
8/27/1604 | Guru Granth Sahib was established in the Golden Temple of Amritsar. |
1/28/1925 | Raja Ramanna, fourth President of Indian Atomic Energy Commission, was born. |
7/11/1979 | The Lok Sabha commenced a four-day debate on the no-confidence motion against the 21-month-old Janata Government. |
1/24/1921 | T. N. Raina, former Army Chief and High Commissioner of Canada, was born. |
11/20/1907 | Railroad workers strike in India. |
7/7/1948 | Damodar Valley Corporation, first public corporation, was established. |
5/28/1996 | 13-day-old BJP-led minority coalition govt. headed by A.B. Vajpayee quits at the end of a two-day debate on a motion of confidence. |
6/13/1991 | Shiv Sharma, Doordarshan Director General, was shot at in Delhi by suspected Punjab terrorists. |
11/9/1942 | Jami, last evergreen poet of Parsi language, died. |
9/11/1967 | China and India exchange artillery fire on Sikkim-Tibet border. |
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