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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
6/25/1975	President Fakhruddin Ali Ahmed signed the declaration of Emergency Rule in India. Prime Minister Indira Gandhi implemented the same very next day.
10/13/1991	Captain Satish Sharma nominated to contest from Amethi.
4/28/1945	Ajit Manohar Pai, cricketer (one Test India v NZ 1969), was born in Bombay.
5/30/1950	Devdutta Ramkrishna Bhandarkar, great historian and archaeologist, passed away.
7/22/1925	Govind Talwalkar, famous journalist and editor, was born.
1/29/1948	Angry refugees ask Gandhiji to retire to the Himalayas.
12/7/1997	Leander Paes awarded 'The Sportstar' award.
12/7/1997	Akbar attacked on Malwa at Sarangpur and defeated Bajbahadar.
4/18/1926	Padmakar Ganesh Chitle, famous Marathi novelist, was born.
11/16/1993	Kashmir's 32-day-old Hazaratbal impasse ends with militants' surrender.

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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.

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.