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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
10/27/1987	Vijay Merchant, cricketer (Test average 47.72, 1st-class avg 71), died.
1/23/1965	Indian first alloy and steel plant in the public sector started in Durgapur; alloy and steel plant limited project started.
7/14/1999	Arvind Dave is appointed Governor of Arunachal Pradesh.
4/6/1985	Bombay beat Delhi by 90 runs to win the Ranji Trophy final.
9/27/1925	Rashtriya Swayansewak Sangh was established.
12/30/1953	The Untouchability (Offences) Bill published in the Gazette of India.
3/17/1798	Rani Shiromani anounced to attack the British Army.
3/29/1857	Sepoy Mangal Pandey shot the first bullet of 1857 Indian mutiny in the barracks of Barrackpur near Calcutta against British Empire. This was the starting of the mutiny.
9/25/1857	Lucknow relief by Havelock & Outram begins.
6/7/1997	At least 37 persons were feared killed in a fire in ''yagyashala'' at Thanjavur Big Temple.

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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.