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Amol Agrawal on the Bankers who Built Modern India

Ideas of India

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Embrace Diverse Financial Models

Diverse financial institutions and practices have historically played a significant role in shaping the economy. Prominent groups like the Oswal Jains from Rajasthan and various Sarafs from Surat and Multan illustrate regional financial prominence. The emergence of private banks in Bengal, influenced by British banking models, showcases the adaptation and evolution of banking practices. Furthermore, emerging financial regions like South Canberra highlight the dynamic nature of financial systems and their continuous development.

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