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Jagat Seth or Banker of the World

Jagat Seth or Banker of the World

The Beginnings Indian history has many stories and that of the Jagat Seth one of the most interesting with many twists and turns.  Hiranand Sahu was a jeweller turned money lender from Nagaur, Rajasthan from the Gailarha family of the tribe of Oswals, who moved to Patna in search of better prospects around 1650. He started as a banker and trader of Saltpetre. Patna and a neighboring town Chapra were the center for the refining of Saltpetre, an essential ingredient…

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