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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 |
| 10/4/1992 | D. M. Sutar, freedom fighter and senior journalist, died. |
| 12/4/1940 | Khurshid Novrojee, freedom fighter, was arrested for not giving prior intimation to go in tribal area. She had founded Gujarat, Kathiwad and Bombay Presidency ""Women Voluntary Amry"". |
| 6/19/1990 | 13 Sri Lankan Tamils, including EPRLF Secretary General Padmanabha, were shot dead in Madras reportedly by LTTE men. |
| 1/26/1882 | Telephone line started working between Mumbai and Calcutta. |
| 10/9/1999 | Sunil Kumar and Sai Jayalakshmy won the men's and women's titles respectively in the National Tennis championship in Delhi. Akshay Vishal Rao emerged boys' under-18 champion. |
| 7/15/1987 | Rajiv Gandhi,Congress President, expels V. C. Shukla, Arif Mohammed Khan and Arun Nehru from Congress for anti-party activities. |
| 6/2/1990 | Union Government set up a tribunal to settle the Cauvery water issue between Tamil Nadu & Karnataka. |
| 12/28/1931 | The second round of a British-Indian conference on the political future of India collapsed in disagreement over demands by Indian nationalists for complete independence. The British government had seemed willing to grant a limited dominion status. But Mahatma Gandhi, who had come to the conference to present the demands of the All-India Nationalist Congress, refused to accept anything less than complete independence. The breakdown of the talks set off a new round of disorders, Gandhi was greeted by rioting in the streets of Bombay between upper-caste Hindu members of the Congress party and ""untouchable"" caste members who had turned against him. |
| 7/4/1999 | S. Vijayalakshmi won the National women's `A' chess championship with a round to spare in Kozhikode. |
| 4/15/1932 | Suresh Shridhar Bhat, famous poet, was born. |
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