Local Government in Ancient India c9.s2.1

c9.s2.1

Without multiplying further instances, those already adduced will make it quite clear that both North Indian and South Indian evidence agree remarkably in attributing to the guilds or assemblies banking functions¹ which were taken full advantage of by the public in making permanent religious endowments. Secondly, we have seen that according to both northern and southern evidence the deposits with the banks were made under proper deeds of agreement reciting the conditions under