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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
10/30/1924	Word Saving Day.
4/12/1976	India set 403 to win against the West Indies.
12/5/1991	Sarkaria report accepted.
6/15/1982	Supreme Court rules that all children, regardless of citizenship, are entitled to public education.
1/15/1918	K.C.D. Brahaspati, great poet, playwright and orientalist, was born at Rampur, UP.
1/22/1963	The National Library for the Blind, the first national institute of its kind, was set up at Dehradun.
11/29/1989	Voters oust Gandhi and Congress party
6/20/1873	Young Men Christian Association of India was established in Calcutta.
2/24/1924	Mahatma Gandhi released from jail.
5/28/1996	BJP Govt. incapable of assembling a majority after two weeks. A left-wing coalition takes over headed by new prime minister H. D. Deve Gowda, Janata Dal leader and United Front coalition government. He held this office till 12 April 1997.

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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.