Question

Trace the Evolution of Money Lending / Borrowing System from the Ancient Times to

the Present day.​

Answer 1

Answer:

However, a structured lending system found its origin in ancient Greece and traces of a faint credit system can be found as early as the Vedic period in India. Money lending has been part of the Indian economy since the early Vedic period. ... The Mughal era continued the use of loan deeds, commonly known as dastawez.