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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
7/21/1977	Bhudevchandra Basu, famous animal expert, passed away.
3/27/2000	Mohan Bagan lifts title in the National Football league in Calcutta.
10/21/1943	Azad Hind Government was established in Singapore and Netaji Subhashchandra Bose was elected as its national leader.
8/30/1992	The first Indian-built ALH (Advanced Light Helicopter) successfully flown in Bangalore.
2/11/1996	Wills World Cup Cricket inaugurated at Calcutta.
7/23/1988	Jahangir Khan, cricketer (4 Tests for India 1932-36), died.
8/6/1920	'Shakuntala' made by Oriental Film Mfg. Co. was released.
1/29/1983	Indira Gandhi names 12 new ministers as Cabinet resigns.
8/15/1968	Marathwada', a daily newspaper, published.
1/31/1997	Government raises quantity of gold that can be brought into the country by non-residents to 10 kg. (from the existing 5).

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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.