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Historical Event on 4/21/1992
RBI eases credit policy, lending rates reduced from 6 to 4; 13\% interest ceiling on deposits.

Other Historical Dates and Events
7/14/1963	Swami Shivanand Saraswati, religious leader, passed away.
12/12/1992	The world's largest monolithic granite statue of Lord Buddha, weighing 350 tonnes, placed on the 'Rock of Gibraltar' in the midst of Hussain Sagar lake in Hyderabad.
1/19/1966	Indira Gandhi elected leader of the Congress party to succeed the late Lal Bahadur Shastri as the third Prime Minister of India. She pledged to follow path of Non-Alignment in worlds affairs.
4/22/1993	Air India engineers call off their 56-day-old strike.
2/10/1986	Pope John Paul II ends visit to India.
3/2/1994	President's rule in J & K extended.
12/16/1994	Pratap Singh Rane of Congress (I) takes oath of office.
4/23/1929	Ranjit Film Co. was founded by Chandulal Shah and Gohar at Bombay.
12/14/1999	G.M.C. Balayogi, Lok Sabha speaker, presents a draft for over Rs. 32 lakhs to the Prime Minister for the Kargil Fund.
12/6/1997	Space shuttle Columbia's astronauts return to earth following a two-week science mission on an enquiry awaiting them because of botched satellite release. Columbia and its crew of six, including India-born Kalpana Chawla, swooped through a clear chilly sky and landed on runway at Kennedy Space Centre. Astronauts save runaway $10-million satellite by catching it with their hands.

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Historical Event on 4/21/1992 RBI eases credit policy, lending rates reduced from 6 to 4; 13\% interest ceiling on deposits.

Historical Event on 4/21/1992
RBI eases credit policy, lending rates reduced from 6 to 4; 13\% interest ceiling on deposits.