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Historical Event on 7/1/1996
RBI reduces cash reserve ratio to 12\%.
| Other Historical Dates and Events |
| 12/17/2000 | The 13-day nationwide postal strike called off. |
| 7/6/1995 | Five foreign tourists trekking in Kashmir 10 km uphill from Pahalgam were abducted by militants. |
| 1/20/1684 | Treaty between Marathas and Portuguese. |
| 8/16/1965 | Indian troops cross Kashmir line, seizes two Pakistani outposts. |
| 6/25/1888 | Lord Louis Mountbatten, British politician, was born. |
| 5/20/1878 | Bahameni Sultan Dawood Shah was assassinated. |
| 12/28/1926 | Shirish Kumar, freedom figher, was born. |
| 10/14/1910 | Further unrest took place in Lhasa, Tibet, following the arrest of Dalai Lama's agent by the Chinese on the Chinese frontier with India. |
| 2/19/1812 | Congregational missionaries Adoniram Judson, 23, and his wife Ann, 22, first sailed from New England to Calcutta. (Judson eventually concentrated his labors in Burma). |
| 12/13/1902 | Ilachandra Joshi, famous Hindi novelist, story writer, critic and journalist, was born. |
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