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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
7/1/1992	Truck operators begin nation-wide strike to press for the abolition of toll tax and octroi.
11/5/1995	Narsimha Rao, PM, reaches Argentina for G-15 summit at Buenos Aires.
8/15/1990	India successfully test fires 'Akash', an advanced medium range surface to air missile.
9/18/1941	Arjuncharan Srimukh Sethi was born in Odang village in Balasore (now known as Bhadrak) in Orissa.
2/1/1831	The first Fine Arts Exhibition by Brush Club was held in a Public Library of Calcutta.
12/10/1990	The communal disturbances between Hindus and Muslims in Hyderabad claim more than 100 lives, and violence spreads to Aligarh and Kanpur also.
11/24/1969	Guru Nanak University established at Amritsar, Punjab.
8/11/2000	Usha Mehta, great Gandhian, passed away.
11/29/1991	Industrial and bank strike called by the left-oriented trade unions to oppose the new industrial and economic policies.
10/1/1995	Hastimal Firodia, astrologer and industrialist, died.

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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.