Philadelphia Indian Community - PhiladelphiaIndian.com
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Historical Event on 7/1/1996

RBI reduces cash reserve ratio to 12\%.

Other Historical Dates and Events
4/18/2000The Board of Control for Cricket in India adopts a six-point code of conduct for the players.
4/30/1999Jessica Lal, model and TV personality, was murdered in a crowded south Delhi restaurant.
1/3/1997Government announces setting up of a Central Board for bank frauds.
3/22/1709It is assumed that Goswami Tulsidas started writing his great epic 'Ramcharitmanas' in Samvat 1631.
1/10/1818The last battle was fought in Rampura between the Marathas and the company.
9/27/2000The Union Cabinet decides to increase the number of Padma series of awards for excellence in different fields of activities from 60 to 100.
9/21/1962Major General I. J. Rikhye completed the task in accordance with the memorandum to UNSF, thus fulfilling the mandate of cessation of hostilities without any incident.
7/18/1993Girilal Jain, 71, The Times of India editor, died.
1/9/1923Satyendranath Tagore, Bengali litterateur, passed away.
10/3/1999Insp N Gojen Singh won a 'silver' medal in 10,000 m. race and 6th position in 5,000 m. race in the 8th Asian Junior Athletic Championship ( International Level) held at Singapore.