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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 |
| 10/21/1997 | Vasco De Gama departed with his fleet from Lisbon Harbour for a trip to India . |
| 12/30/1993 | Government gets majority when 10 members of Ajit faction of the JD merge with the Congress. |
| 3/10/2000 | Nitish Kumar, Bihar Chief Minister, submits his resignation without putting his motion of seeking a trust vote to test in the assembly. The RJD leader Rabri Devi meets the Governor and stakes claim to form the Government. |
| 9/5/1888 | Dr. Sarvepalli Radhakrishnan (1888-1975), panentheist, great renaissance philosopher, eminent writer, free India's first vice-president and second president, was born at Tiruttani near Madras. |
| 3/6/1998 | A Congress(I) Ministry headed by Virbhadra Singh is sworn in at Himachal Pradesh. |
| 10/12/1935 | Shivraj Vishwanath Patil, former Speaker of Lok Sabha, was born |
| 1/22/1971 | Judge Sarv Mittra Sikri became the Chief Justice of India. He helded this office till 25/04/1973. |
| 10/21/1999 | B. R. Chopra, filmmaker, gets the Dadasaheb Phalke Award. |
| 12/19/1999 | The President and the Prime Minister express shock over the bid to assassinate the Sri Lankan President, Chandrika Kumaratunga. |
| 10/20/1774 | New Regulating Act was introduced which abolished the East India Company Government and a new Government was formed. |
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