The Rashtrakutas and their Times c22.72

c22.72

Commerce and industry, that were described a little while ago, presuppose not only currency, but also banking facilities. These latter were provided in our period by guild organisations. These organisations have been, since early times, a conspicuous feature of the Hindu trade and industry. As early as the Andhra period, the whole of the Deccan was spread with a network of guilds, (51) which used to regulate trade and industry, train apprentices, and do the banking business, not only for their members but also for the public.