Even before the British , India had developed a Banking system . There were demand drafts ( to the best of our knowledge issued by one Financier called Jagat Seth ).
These drafts , carried by traders to different cities of India , were called DARSHANI HUNDI s ( meaning amount payable immediately on being Shown )
These drafts , carried by traders to different cities of India , were called DARSHANI HUNDI s ( meaning amount payable immediately on being Shown )
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