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.
The finest examples of the art during the Gupta period are Ajanta caves. Out of the 31 rock-cut cave monuments at Ajanta, five are Chaitya Grihas. The five chaitya grihas are cave numbers 9, 10, 19, 26, and 29.
Bhaga, Bhoga, Kara and Hiranya refers to the different types of revenues which were collected by the rulers during the early medieval period. They were the chief sources of revenue to the donees.