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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 |
| 11/29/1953 | Benegal Narsing Rau, foremost Indian Jurist of his time, passed away at Zurich. He performed some very prominent duties towards the nation. He was Prime Minister of Jammu and Kashmir and a judge at the Permanent Court of International Justice at Hague. |
| 3/30/1976 | Shankar Puroshattam Mulgaonkar 'Raghuvir', famous painter, passed away. |
| 4/13/1919 | Jallianwala Baug massacre. The great Indian tragedy occured in Amritsar which claimed 389 lives and wounded 1,516 activitists fighting for Indian independence. Early in 1919, the Rowlatt Act (Black Act) was passed. This authorized the Government to imprison any person without any trial and conviction in a court of law. This furious act was under the guidence of cruel Brigedier General R. E. H. Dyer and his 50 men troop. Michael O' Dwyer was then the Governor of Punjab who naturally defended the action. This day is observed as Jallianwala Baug Day. |
| 3/7/1998 | A. B. Vajpayee is elected leader of the BJP Parliamentary Party. |
| 11/27/1920 | Kanhaiyalal Bhagwandas Harjal, educationist, was born at Mohpa, Maharashtra. |
| 4/29/1848 | Raja Ravi Verma, famous classic, prolific painter and great Indian Artist, was born in Kilimanoor, Kerala. |
| 6/15/1659 | Aurangzeb was declared as the Emperor of India at Red Fort Delhi. |
| 6/3/1999 | Flight Lieutenant K. Nachiketa is handed over by the International Committee of the Red Cross to the Indian High Commissioner inside the High Commission premises. |
| 2/26/1937 | Manmohan Desai, film producer and director, was born. |
| 1/7/1831 | Heinrich Von Stephan, famous general of postal union and freedom fighter, was born at Pomerania. |
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