Indianapolis Indian Community - IndianaIndian.com
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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
11/3/1961Gold Bond scheme was started to boost Indian economy after Indo-China war.
6/17/1933The civil disobedience campaign ended.
9/12/1898Baldev Prasad Mishra, Hindi litterateur, was born.
5/25/1917Abdul Vavakunju Ummasalumma Khader, freedom fighter, was born in Kerala. He was hanged on September 10, 1943.
6/15/1659Aurangzeb was declared as the Emperor of India at Red Fort Delhi.
1/15/1947Pritish Nandi, famous journalist, was born. Abul Kalam Azad became Minister of Education in the Government of India.
10/13/1991PM Rao leaves for Harare to attend the Commonwealth heads of government meeting.
8/1/1986Amnesty scheme for evaders of taxes announced.
6/9/1980M. G. Ramachandran's second AIADMK ministry takes office.
8/29/1976Poet Kazi Nazrul Islam of Bengal, great revolutionary, died on his visit to Dhaka in Bangladesh.