Los Angeles Indian Community - LAIndian.com
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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
11/18/2000Yashwant Sinha, Finance Minister, said there would be no cuts in Income Tax rates in the next budget, and signalled that the reforms process will continue.
8/18/1985Assam Assembly dissolved (18).
7/31/1964Air Marshal Aspy Merwan Engineer DFC retired from the Air Officer Commanding, India Command.
12/12/1961Portuguese civilians are evacuated amid fears of an Indian troop invasion at Goa, Daman and Diu.
3/29/1992The expert committee recomends an autonomous council for the Jharkhand region of Bihar.
8/12/1952Social Welfare Board inaugurated in the Parliament.
3/24/1987First developmental launch of new generation rocket ASLV 'Stretched Rohini Satellite Series' (SROSS-1). This carried payload for launch vehicle performance monitoring and for gamma ray astronomy. This plunged within two minutes and 40 seconds of its launching.
8/7/1999A. B. Vajpayee, Prime Minister, appeals to the United States to name Pakistan as a terrorist state.
3/13/1997H. D. Deve Gowda, Prime Minister, presented the G. K. Reddy Memorial Award to Shekhar Gupta, Chief Editor of The Indian Express.
4/23/1929The Fate of the Outlaw', a 7-reel film produced by Majestic Film Co. was prohibited by the Board of Censors, Bombay, on April 23 on the grounds that the film glorifieds crime.