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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 |
| 8/12/1997 | Gulshan Kumar of Super Cassette Industries was shot dead by four unidentified persons in north-west Mumbai. |
| 10/23/1959 | Chinese military confrontation with India in Aksai Chin killed 17 Indian soldiers in a clash on the Kashmir border. |
| 9/29/1964 | 1,000 people were killed as a reservoir burst. |
| 7/6/1927 | Prabhjot Kaur, great poet and author, was born at Langrayal (Pakistan). |
| 10/4/1997 | J & K Assembly passed the Ladakh Hill Council Bill. |
| 8/7/1986 | Lok Sabha passes Constitution 53rd Amendment bill conferring statehood on Mizoram. |
| 9/24/1995 | Kanpur University renamed as Chhatrapati Shahu University. |
| 4/30/1870 | Dadasaheb Phalke alias Dhundiraj Gobind Phalke was born at Trymbakeshwar near Nasik, Maharashtra. He is remembered as the 'Father of Indian Cinema'. He produced India's first feature Film, 'Raja Harishchandra' and founded Phalke & Co. at Bombay. He was a director, producer, writer, editor & laboratorian, portrait photographer and also a scene-painter. |
| 9/15/1993 | Election Commission announces polls in the former BJP-ruled states of UP, MP, HP, Rajasthan and in Delhi and Mizoram. |
| 9/24/1922 | Jugal Mondal, social worker and politician, was born at Howrah. |
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