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Historical Event on 7/1/1996
RBI reduces cash reserve ratio to 12\%.
| Other Historical Dates and Events |
| 1/14/1985 | Dr. Nagendra Singh elected World Court Chief. |
| 10/21/1943 | Azad Hind Government was established in Singapore and Netaji Subhashchandra Bose was elected as its national leader. |
| 8/16/1901 | Shripad Ramchandra Tikekar, journalist and critic, was born. |
| 7/13/1929 | Jatindranath Das started fast strike. |
| 5/15/2000 | Ghulam Hassan Bhat, Jammu and Kashmir Minister of State for Power, dies in a powerful IED explosion near Mandipore in Anantnag. |
| 10/13/1999 | No change in portfolios of Advani, Yashwant Sinha, Jaswant Singh and Fernandes. |
| 11/29/1959 | Govind Sakharam Serdesai, Jagirdar Raobahadur, passed away. |
| 11/29/1959 | Ruknud-din Firuz Shah, son of Emperor Iltutmish, was assassinated. |
| 8/17/1970 | The first microwave link, which was set up without foreign assistance, was commissioned between Asansol, Dhanbad and Ranchi. |
| 5/20/1987 | G. G. Jadhav `Pudhari', editor of daily newspaper, passed away. |
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