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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 |
| 5/9/1998 | Kirit Raval is appointed Solicitor-General of India. |
| 11/3/1948 | Jawaharlal Nehru, Prime Minister of India, delivered his maiden speech in United Nations Organisation (U.N.O.) General Assembly. |
| 2/16/1992 | Abbas Musawi, leader of Hezbollah, assassinated. |
| 5/6/2000 | Saurav Ganguly wins the Ceat International Cricketer of the Year award 1999-2000. |
| 12/10/1902 | Nijalingappa Siddavanahalli, president of Indian National Congress and politician, was born at Haluvagalu (Bellary). |
| 1/5/1994 | Tamil Nadu Assembly passes two bills making the Chief Minister, the Chancellor of all universities instead of the Governor. |
| 1/23/1976 | Gautam Buddha's lost city of Kapilavastu was found in an excavation. |
| 9/6/1995 | Meenatai Thackrey, social worker and Matoshree of Shivsainik's, passed away. |
| 12/31/1706 | Francois Martin, founder of Pondicherry and was its first Governor General, died. He founded Pondicherry, the future capital of French India in 1674. |
| 9/4/1984 | Air Chief Marshal L. M. Katre, PVSM, AVSM and Bar, became the Air Officer Commanding, India Command. He was in this office till 01/07/1985. |
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