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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
9/14/1965	Pakistan Air Force bombs Calcutta and Agartala civilian airports.
12/8/1897	Balkrishna Sharma ""Navin"", famous Hindi poet, was born in Bhyana village of Shajapur district in Madhya Pradesh
4/6/1980	Janata Party splits again; members with RSS links form the Bhartiya Janata Party (BJP). A. B. Vajpayee becomes its first President.
10/4/1977	Atal Bihari Vajpayee, External Affairs Minister of India, addressed the UNO General Assembly in Hindi language.
12/21/1992	BJP-sponsored no-trust motion against the Rao Government defeated 334-106 in the Lok Sabha; Vajpayee ends fast.
10/28/1997	Dr. V. Doreswamy Iyengar (77), Veena maestro, household name among Carnatic music lovers, passed away in Bangalore.
1/27/1994	Union Cabinet approves inclusion of the land reforms laws in the 9th Schedule of the Constitution.
8/18/1945	Netaji Subhash Chandra Bose left Saigon and is believed to have died in a Japanese aeroplane crash at Taihoku Airport in Taiwan.
8/3/1991	About 280 kgs of gold ornaments valued at $15 million, which had been deposited in the Portuguese bank in Goa by its natives, flown back to India.
5/22/1953	Sherpa Tenzing Norgay of Darjeeling and Edmund Hillary of New Zealand were the first to conquer the Mount Everest (World).

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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.