Latest / Aurangzeb: The Emperor Who Expanded and Broke the Mughal Empire — Fexingo History
Aurangzeb's Hidden Bankers: The Seths of Mughal India
While Aurangzeb spent his final years trapped in the Deccan quagmire, a different kind of war was being waged in the shadows of his court and merchant hubs. This episode explores the critical relationship between the Mughal Emperor and the Hindu banking families, particularly the Seths of Surat and Jaipur. We examine how these financiers, led by figures like Jagat Seth, effectively became the state’s lenders when the imperial treasury ran dry from endless campaigning. You will hear about the specific mechanisms of debt financing, the political leverage these merchants gained by holding the…
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