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Historical Event on 7/1/1996
RBI reduces cash reserve ratio to 12\%.
| Other Historical Dates and Events |
| 7/1/1996 | Ruknud-din Firuz Shah, son of Emperor Iltutmish, was assassinated. |
| 10/24/2000 | Hyrunnisa, suspected to be the key accused in the Kollam liquor tragedy, nabbed along with her husband and a worker in her shop in Guruvayur. |
| 12/10/1996 | Supreme Court bans employment of child labour in hazardous industries. |
| 6/1/1964 | Rashid Ghulam Muhammad Patel, cricketer (Indian pace bowler, better known for Lamba incident), was born in Sabarkantha. |
| 8/9/1952 | New Delhi reports that 20 mil. Indian peasants were imperiled by crop failures. |
| 11/27/1972 | Bhutto reports the release of 616 Indian prisoners captured in the Indian-Pakistani dispute at Pakistan. |
| 4/8/1774 | Narayan Rao's posthumous son, Madhav Rao, was seen as a challenge to Raghunath Rao only when he was 10 days old. |
| 2/1/1972 | International Airports Authority of India established. |
| 3/16/1832 | Sarfoji Bhosle, King of Tanjawar, passed away. |
| 3/12/1612 | Usman Khan Lohani, son of Isa Khan, was defeated in the battle of Nekujyal. He died as the last independent ruler of Bengal. |
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