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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
4/29/1998	Acharya Surdasji, famous poet in Hindi and great devotee of Lord Krishna, was born.
8/7/1991	India successfully launches Prithvi-III, surface-to-air missile from Sriharikota.
12/10/1905	Robert Koch received the Nobel Prize for Medicine for his work on Tuberculosis.
9/30/1687	Aurangzeb acquired the famous Golconda fort near Hyderabad from the Qutub Shahi Sultan Tana Shah due to the treachery of his General Panni.
1/11/1986	Union Government declares Ladakh a Scheduled Tribe area under a constitutional amendment order by the President, applying article 342 for the first time to J&K.
1/11/1986	Mughals capture Ahmednagar.
9/8/1993	Andhra cabinet reshuffled by dropping four legislators and bringing in 16 new faces.
3/15/1992	Dr. Rahi Masum Raza, film screenplay, story and dialogue writer, passed away at the age of 64 years.
5/3/1999	Cochin Port Trust men and Southern Railway women won the 21st Federation Cup volleyball titles in Pathanamthitta.
2/19/1997	Massive blowout in ONGC oil field at Devarapally, A.P.

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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.