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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
6/30/1755	Jayappa Shinde who was the son of Ronoji Shinde was murdered.
9/18/1997	President K.R. Narayanan inaugurates Mammen Mappillai Hall at Kottayam, Kerala.
2/17/1991	Krishnabai Mote, famous author and social worker, passed away.
2/1/1931	Gandhi chiefs order campaign of civil disobedience to continue.
2/1/1931	Ruknud-din Firuz Shah, son of Emperor Iltutmish, was assassinated.
6/22/1994	L. V. Prasad, father of South Indian film industry, died.
1/16/1681	Sambhaji was crowned as the successor of Chhatrapati Shivaji Maharaj in a function held at Raigad Fort.
1/31/1992	The Securities and Exchange Board of India given statutory power as an autonomous body.
6/30/1993	AN-12 phasing out marked the end of a glorious chapter of transport operations in the IAF.
8/30/1993	LPG, Petrol dealers get higher commission.

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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.