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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 |
| 6/13/1932 | Nirmalchandra Sen, great revolutionary, died. |
| 3/10/1995 | Ashok Padbidri, famous journalist and editor, died. |
| 1/20/1995 | Supreme Court orders closure of 84 industries in and around Taj Mahal in UP due to pollution. |
| 8/5/1992 | Achyutrao Patwardhan, leader of 'Quit India Movement', died at Varanasi at the age of 86. |
| 10/6/1998 | Railways wins the BOB-Senior National Hockey championship for women defeating Haryana in the final at Chennai. |
| 1/9/1916 | Ramkrishna Ramnarayan Ruia, great industrialist, was born. |
| 2/24/1899 | Maheshchandra Burjorjee Bilimoria, film distributor, was born. |
| 9/26/1985 | P.T. Usha sets record for 100m (Women) in 11.39 seconds at Jakarta. |
| 7/8/1954 | Jawaharlal Nehru, Prime Minister of India, inaugurated world's longest Bhakra-Nangal Dam canal at Punjab. |
| 12/3/1971 | India recognises Bangladesh. Indian army marches into Bangladesh and joins hands with Mukti Bahini. Pakistani Army in Bangladesh surrenders to the Indian Commander. |
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