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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
10/13/1679	More than 20,000 lives were claimed near Massurla Pattanam city, costal area of South India, in a severe storm.
3/19/1995	Vinaychandra Maudgal, founder of Gandharva Mahavidyalay of Delhi and music expert, passed away.
3/12/1996	Last session of the 10th Lok Sabha ends.
1/14/1994	C. V. Waran, veteran freedom fighter and social worker, passed away.
9/12/1993	Former Chief Minister of Gujarat Hitendra Desai died.
9/18/2000	President K. R. Narayanan presents the Dada Saheb Phalke award for the year 1999 to film maker Hrishikesh Mukherjee.
1/17/1833	William Rush, Indian sculptor (Spirit of the Schuylkill), passed away.
10/16/1952	Pakistan's first Test vs India starts at Delhi.
4/15/1975	Janata Party's `People's March' to Parliament.
9/9/1997	Pravin Thipsay becomes India's third chess Grand Master.

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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.