Earliest evidence of Banking in India is found from the period of Vedic Civilization. During those days, loan deeds called rnapatra (ऋणपत्र) or rnalekhya (ऋणलेख्य) were prevalent. Interest rates as well as usury (सूदखोरी) was prevalent in Vedic India. The Vedic word Kusidin refers to an usurer (सूदखोर).This term is also found in Manusmriti.
In the post-Mauryan period, the techniques of cloth-making, silk- weaving, and the manufacture of luxury articles developed. Mathura was a great center for the manufacture of a special type of cloth which was called shataka.
EXAMIANS