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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 |
| 3/12/1988 | Samresh Basu, famous Bengali writer, passed away. |
| 3/12/1988 | 24 merchants gathered in London's Founder Hall under the auspices of Lord Mayor to start a new company with a share captial in India. |
| 8/12/1992 | 72 militants surrendered before Punjab CM Beant Singh. |
| 1/27/1926 | Arunkumar Vaidya, former General of Indian Army, was born. |
| 7/1/1968 | Asia's biggest nuclear research lab started in New Delhi. |
| 10/1/1990 | Constitution's 75th amendment bill to extend President's rule in Punjab for another six months fails through the first stage in Lok Sabha for want of a simple majority. |
| 3/8/1921 | Sahir Ludhiyanvi, famous film lyricist, was born. |
| 1/8/1925 | Mohan Rakesh, veteran Hindi playright, was born. His noted books are ""Aadhe Adhure"" and ""Aashaad Ka Ek Din"". |
| 1/12/1895 | Dr. Yellapragada Subbarow, saintly scientist and nobel prize winner, was born at Bhimavaram, Andhra Pradesh. |
| 1/25/1971 | Himachal Pradesh becomes a full-fledged 18th Indian Union state. |
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