The banking and mercantile house of Jagat Seths of Bengal

Banking and credit systems were fairly well advanced in pre-colonial India. Large amounts of capital for commercial credit were also available—though at some cost in terms of high interest rates. This article illustrates these conditions by a study of the banking and other activities of the house of...

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Veröffentlicht in:Studies in people's history 2015-06, Vol.2 (1), p.85-95
1. Verfasser: Chaudhury, Sushil
Format: Artikel
Sprache:eng
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Zusammenfassung:Banking and credit systems were fairly well advanced in pre-colonial India. Large amounts of capital for commercial credit were also available—though at some cost in terms of high interest rates. This article illustrates these conditions by a study of the banking and other activities of the house of Jagat Seths of Bengal in the mid-eighteenth century.
ISSN:2348-4489
2349-7718
DOI:10.1177/2348448915574381