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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
10/26/1934	Akhil Bharatiya Gramin Udyog Sangh (All India Small Scale Industries Association) was founded and inaugrated by Mahatma Gandhi.
2/20/1846	Duleep Singh was recognised as the ruler. British captured Lahore.
7/4/1897	Alluri Seetaram Raju, freedom fighter, was born in a Kshatriya clan in Andhra Pradesh. He is rememberred as one of the great sons of India in the annals of Indian history who fought valiantly for his motherland in the early period of the freedom movement.
3/21/1992	India's second submarine 'Shankul' joined Navy.
2/6/1950	N. R. Pillai was appointed as the Cabinet Secretary of India. He held this office till 13-05-1953.
9/3/1995	Ram Jethmalani (lawyer and MP) launches a new party, Bharatiya Lok Panchayat, to rid the country of its evils.
8/5/1978	Five died and 70 were injured as upper-caste Hindus clashed with untouchables in Maharashtra.
3/25/1916	S. M. Pandit, famous painter, was born.
1/18/2000	India and the US resume talks to narrow their differences on the CTBT.
10/29/1929	Vyankat Chalaiyya Manipalli Narayan Chalaiyya, Chief Justice of Supreme Court, was born.

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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.