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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
10/3/1985	Morocco breaks diplomatic relations with India after New Delhi announced its recognition of the Saharwi Arab Democratic Republic.
9/24/1936	It was reported that in the past two weeks over 2 million of India's depressed classes had renounced Hinduism in favor of Christianity.
10/9/1964	K. M. George established the Kerala Congress Party.
6/20/1992	CPM decides to back Dr. Sharma.
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.
10/2/1954	Chandernagar, former under French possession, was made a part of West Bengal.
5/20/1991	General Election (10th) of India begins.
10/2/1993	Prime Minister's employment project started in urban areas.
11/2/1885	Balwant Pandurang Kirloskar (Annasaheb), first great Marathi musical drama playwright, died.
9/4/1996	Narasimha Rao questioned by CBI.

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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.

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.