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Indian Hundi by James F. Frayne (2017, Trade Paperback)
Rarewaves (623764)
97.8% positive feedback
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US $20.82
ApproximatelyRM 88.63
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About this product
Product Identifiers
PublisherLulu Press, Inc.
ISBN-101326870777
ISBN-139781326870775
eBay Product ID (ePID)248116536
Product Key Features
Number of Pages254 Pages
Publication NameIndian Hundi
LanguageEnglish
Publication Year2017
SubjectGeneral
TypeNot Available
Subject AreaRéférence
AuthorJames F. Frayne
FormatTrade Paperback
Dimensions
Item Height0.5 in
Item Weight14.3 Oz
Item Length8.3 in
Item Width5.8 in
Additional Product Features
TitleLeadingThe
IllustratedYes
Intended AudienceTrade
SynopsisHundis refer to financial instruments which evolved on the Indian sub-continent and appear to have been in use there from at least the sixteenth century. They were used in trade and credit transactions and, as such, were used as remittance instruments for the purpose of transfer of funds from one place to another. In the days of the Princely States and the British Raj these hundis served as Travellers Cheques. What makes hundis so interesting is the sheer variety of them and the uses to which they were put. As a safety precaution, moreover, they were usually written in an elaborate script which only bankers knew how to read and write. They are still used in India today, even though the resources of modern banking are available for most commercial transactions., Hundis refer to financial instruments which evolved on the Indian sub-continent and appear to have been in use there from at least the sixteenth century. They were used in trade and credit transactions and, as such, were used as remittance instruments for the purpose of transfer of funds from one place to another. In the days of the Princely States and the British Raj these hundis served as Travellers Cheques.What makes hundis so interesting is the sheer variety of them and the uses to which they were put. As a safety precaution, moreover, they were usually written in an elaborate script which only bankers knew how to read and write. They are still used in India today, even though the resources of modern banking are available for most commercial transactions.
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