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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
4/9/1783	Tipu Sultan drives out English from Bednoor, India.
3/22/1938	IRFA was registered as a local body not administered by the Government on March 22, 1938 under the Government of India Act No. XXI of 1860.
1/4/1999	Karnataka's Farah Khan made it three-in-a-row in the National ladies billiards championship in Delhi.
8/20/1969	Varahagiri Venkata Giri was elected President and G. S. Pathak as Vice President of India.
10/3/1950	India protests U.N. troops' crossing of 38th parallel in New York.
1/9/1997	John Major, British Prime Minister, addresses plenary session of the 'Partnership Summit' organised in Calcutta by the Confederation of Indian Industry.
12/17/1938	Charuchandra Bandopadhyay, famous Bengali story writer and novelist, died.
7/6/1999	Sub. Jata Shankar secured 'Silver' medal in 400 Mtr race at the International circuit Athletic Meet held at Trivendrum.
7/4/1995	Rajan Pillai, business tycoon and biscuit king of India, who was convicted by a Singapore court for multi-million dollar fraud, was arrested in New Delhi.
12/5/1950	Sikkim becomes a protectorate of India.

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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.