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Historical Event on 6/23/1993
RBI cuts minimum lending rate by 1%.

Other Historical Dates and Events
10/15/1943	Baba Kanshi Ram, freedom fighter and social reformer, passed away.
3/4/1990	V. P. Singh resigns as party president, but asked to continue.
4/8/1894	Lifetime of Swami Chandrashekarendra(1894-1994), venerated Shankaracharya saint of Kanchi monastery in South India.
7/8/1991	25 tonnes of gold moved to London from India to raise $ 200 million loan.
3/3/1707	Shehejade Muajjam declared himself as the successor of Aurangzeb and renamed himself Bahadurshah First.
12/17/2000	The 13-day nationwide postal strike called off.
11/17/1953	Sadanand Swaminathan, famous journalist, passed away.
6/3/1916	Smt. Nathibai Damodar Thakarsey Women's University was established.
11/5/1994	Russi Modi appointed Chairman of Air India and Indian Airlines.
3/11/1963	First Railway Engine was produced by Chittaranjan Railway Factory.

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Historical Event on 6/23/1993 RBI cuts minimum lending rate by 1%.

Historical Event on 6/23/1993
RBI cuts minimum lending rate by 1%.