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Historical Event on 7/1/1996
RBI reduces cash reserve ratio to 12\%.
| Other Historical Dates and Events |
| 3/19/1998 | E.M.S. Namboodiripad, veteran communist leader of CPM and Kerala's first Chief Minister, passed away in Thiruvananthapuram at the age of 88. |
| 11/29/1945 | Ugoslaviya in Rajshahi was ended. |
| 8/1/1996 | Madhu Dandavate is made Dy. Chairman, Planning Commission. |
| 2/4/1944 | Japanese attack Indian Seventh Army at Burma |
| 5/12/1992 | Ms. Santosh Yadav (Indo-Tibetan Border Police) becomes the second Indian woman to set foot atop Mt. Everest. |
| 11/16/1913 | Agnihotri Ambadas Shankar, journalist and litterateur, was born. |
| 8/23/1958 | Marathwada University was started. |
| 11/29/1996 | Shaleem I. Shervani, Minister of State for Health & Family Welfare and President, ICMR Governing Body, was the Chief Guest at the concluding ceremony of the year long celebrations of the 85th year of ICMR at New Delhi. He released a special issue of the ICMR Bulletin on this occasion and presented momentos to the former Additional Directors-General and Directors-General of the ICMR. |
| 11/29/1996 | Guru Ramdasji died. His son Arjun Dev succeeded him and changed the offerings to the Guru into a regular tax. |
| 10/22/2000 | The Supreme Court, in a significant order, erases Karnataka High Court judgement discharging former Chief Minister S. Bangarappa and his then private secretary R. Suribabu in a corruption case. |
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