Word: marwari
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...There's no doubt that Calcutta's exchange was operating under a different set of rules in the months leading up to the crash. More than 90% of the city's brokers are descendants of Marwari traders who emigrated from Rajasthan in the 19th and early 20th centuries. Contrary to the broker communities in Bombay and elsewhere, the Marwari are a tight-knit clan, often linked by marriage. They had few qualms about trading stocks among each other on the basis of a handshake. Finance for trades could be had from a number of Marwari lenders holding small fortunes, usually...