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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 |
| 5/23/1805 | Lord Wellesley, Governer General of India, issued a permanent provision for the Delhi Mughal Emperor. |
| 3/24/1998 | G.M.C. Balayogi of the Telugu Desam is elected Speaker of the Lok Sabha as the candidate of the BJP-led Government. |
| 1/1/1910 | Rajnath Pandey, great writer and educationist, was born in Pindra, Varanasi (U.P.). |
| 11/19/1994 | Lt. Gen. Shankar Roy Choudhury appointed Army Chief following the death of Gen. B.C. Joshi. |
| 6/5/1999 | The Army releases documents seized from three Pakistani soldiers in the Batalik sector to substantiate its claim that Pakistan regulars are involved in the Kargil conflict. |
| 6/12/1990 | CPI(M) accuses Communist Party of Soviet Union of departing from the basic ideology of Marxism-Leninism in the name of correcting past distortions. |
| 12/14/1946 | Sanjay Gandhi, youth Congress leader, was born in New Delhi. |
| 10/31/1955 | The Prime Minister inaugurated the Cooperative Milk Producers' Union factory at Anand, Gujarat. |
| 12/16/1909 | Lal Singh Narayan Singh, cricketer (scored 15 & 29 in India's 1st Test match), was born near Kuala Lumpur, Malaysia. |
| 11/16/1991 | 60 percent of the 23 million voters exercise their franchise in the by-elections to 15 Lok Sahba and 56 Assembly seats in 14 states. |
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