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Historical Event on 4/29/1998
The Reserve Bank reduces the bank rate by one point from 10 per cent in its monetary and credit policy for the first half of 1998- 99.
| Other Historical Dates and Events |
| 11/20/1993 | RBI clears two more private banks: The Times Bank Ltd. and the Indus Ind Bank Ltd. |
| 11/6/1930 | First Round Table Conference held at London. |
| 8/12/1997 | Gulshan Kumar of Super Cassette Industries was shot dead by four unidentified persons in north-west Mumbai. |
| 6/6/1986 | Militant Sikhs in Amritsar call for the murder of Surjit Singh Barnala, Chief Minister of Punjab and J.F. Ribeiro, the Chief of Police. |
| 3/27/1898 | Syed Ahmad Khan, great social reformer, educationist, journalist, leader and one of the most eminent builders of Modern India, passed away at Aligarh. |
| 2/13/1719 | Jahandar Shah was strangled to death and the Sayyid brothers were killed soon after. |
| 1/19/1839 | Aden conquered by British East India Company. |
| 2/18/1983 | Violence between Hindu Tamils and Buddhist Singhalese in Sri Lanka marks beginning of Tamil rebellion by Tiger freedom fighters demanding an independent nation called Eelam. Prolonged civil war results. |
| 11/20/1998 | Dr. Mohammed Yunus, Chairman of the Grameen Bank of Dhaka, is selected for the 1998 Indira Gandhi prize for Peace, Disarmament and Development. |
| 6/15/1969 | Dr. Darashaw Nosherwan Wadia, great pioneer in Indian Geology and professor in development of geo-scientific research in the country, passed away at New Delhi at the age of 86. |
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