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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
11/1/1927	Ghani Khan Chaudha, political leader, was born.
10/6/1992	Z. R. Ansari, former central minister, died.
3/1/1987	A Pakistani official quoted as saying, ""Pakistan has nuclear bomb capabilities at New Delhi"".
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.
8/23/1947	Sardar Vallabhbhai Patel was sworn is as the Deputy Prime Minister of India.
2/27/1956	G. V. Mavlankar, first speaker of Lok Sabha, passed away.
2/22/1993	Vinod Kambli scores 224 vs England at Bombay in 411 balls and smashes 23 fours.
9/12/1994	UN Secretary General Ghali visits New Delhi.
9/12/1994	Qutubu'd-din Aibak (1206-1210) was crowned at Lahore after the death of Muhammad of Ghuri. He was originally a slave of Turkestan. As he started his career as a slave, the dynasty founded by him in India is known as ""Slave Dynasty"". The construction of Qutabminar was started during his regime. Since he was very generous, the people called him ""Lakh Baksh"".
9/23/1997	India win Sahara Cup Cricket series by 4-1 victory over Pakistan.

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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.