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Latest / The Chola Empire: How South India Dominated the Indian Ocean — Fexingo History

Chola Empire's Temple Economy: Banks, Loans, and Gold Reserves

The Chola Empire wasn't just a military and maritime power—it ran a sophisticated temple-based financial system centuries ahead of its time. In this episode, Lucas and Luna explore how the grand temples of Thanjavur and Gangaikonda Cholapuram functioned as giant banks, managing deposits of gold, land, and grain, and issuing loans to farmers and merchants at regulated interest rates. Drawing on inscriptions from the Brihadeeswarar temple and the records of the Sabha village councils, they uncover how temple treasuries fueled everything from irrigation projects to trade caravans. How did…

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