Hindu Administrative Institutions c12.s3.41

c12.s3.41

From Kauṭalya it can be gathered how the *śreṇis* had advanced themselves in power and extent. Kauṭalya mentions guilds of artisans, of weavers, of washermen, of copper-smiths, blacksmiths, sweepers, scavengers, medical practitioners, musicians, dancers, besides other co-operative and corporate bodies in towns and villages.³ Various regulations are also set forth which are quite in agreement with those of the law-giver Manu. It is pretty evident that there were established bankers, if not regular banks, with which these guilds deposited their savings and drew on them whenever necessary. And the guilds of artisans generally entered into contracts when undertaking any work for time or piece wages.⁴