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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
10/3/1996	National Conference swept back to power in J & K with a landslide victory.
6/27/2000	The Clinton administration rejects a demand by 21 U.S. Congressmen for declaring India a terrorist state in the wake of attacks on Christian priests and churches.
11/25/1999	Dr. A.P.J. Abdul Kalam is appointed Principal Scientific Advisor to the Government of India.
2/26/1915	Pran Nath Chhuttani, great physician and teacher, was born.
12/16/1980	Fisher Wealthy Hornsinger, an American social worker and who worked for Adult Education in India, passed away.
12/20/1993	Bangarappa expelled from Congress for 6 years.
1/14/1927	M. Aram, famous Hindi writer and educationist, was born in Kulasekharapatnam at Madras.
7/15/1986	India protests against China's intrusion of six to seven km into the Indian territory in Arunachal Pradesh.
10/1/2000	Ram Vilas Paswan, Communications Minister, launched the Bharat Sanchar Nigam Limited having total functional autonomy.
12/12/1961	Portuguese civilians are evacuated amid fears of an Indian troop invasion at Goa, Daman and Diu.

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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.