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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
6/28/1928	Baburao Sadvelkar, famous painter, was born.
12/11/1687	Madras' first presidency chartered with a Mayor s court as a Municipal Corporation.
11/15/1997	INS Delhi' commissioned.
10/18/1996	Vigyan Bhawan in Delhi to be the venue for the trial of former PM Rao.
9/25/1985	Akali Dal wins Punjab state elections.
2/23/1876	Saint Gadgebaba, great modern saint of Maharashtra, was born.
9/8/1972	Vijay Singh Chauhan sets record for decathlon by 7378/7306 points at Munich.
7/13/1998	The Government is prevented from tabling the Women's Reservation Bill.
3/12/1993	Powerful bomb blasts at twelve various places in Mumbai takes 317 lives.
10/12/1976	Indian Airlines Caravelle crashed after take off from Bombay.

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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.