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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 |
| 6/5/1999 | The Army releases documents seized from three Pakistani soldiers in the Batalik sector to substantiate its claim that Pakistan regulars are involved in the Kargil conflict. |
| 3/11/1795 | Battle at Kurdla India, Mahratten beat Mughals. |
| 6/17/1887 | Dr. Kailas Nath Katju, freedom fighter, politician, leader and Governor of Orissa and West Bengal, was born. |
| 3/29/1992 | The expert committee recomends an autonomous council for the Jharkhand region of Bihar. |
| 3/24/1947 | Lord Louis Mountbatten came to India. |
| 10/5/1864 | Cyclone destroyed most of Calcutta city in which approximately 50,000 people died. |
| 4/27/1942 | Gandhi condemns stationing of U.S. troops in India. |
| 3/16/1832 | Sarfoji Bhosle, King of Tanjawar, passed away. |
| 10/30/1928 | Madhav Vinayak Gothoskar, cricket Test umpire for 14 tests from 1972-84, was born in Mumbai. |
| 11/11/1921 | Gandhi urges Hindus to remove statue of ex-Viceroy Lord Lawrence. |
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