The Early History of the Deccan (Parts I–XI) v1.c10.s3.11

v1.c10.s3.11

The different trades and industries were organized into their respective guilds; we, however, get no detailed information about the constitution or functions of these from any records of our period. But as the records of both the earlier and later periods specifically refer to them, we may well presume that they continued to flourish in the times of which we are speaking. These guilds used to receive permanent deposits and allow interest on them at about 12 per cent. to be spent for such purposes as may have been specified by the original donors.