Jagat Seth banking family

E66138

The Jagat Seth banking family was an influential and immensely wealthy clan of bankers in 18th-century Bengal who played a pivotal role in regional politics and finance, including involvement in the events leading to the fall of Siraj ud-Daulah.

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Statements (41)

Predicate Object
instanceOf banking family
business dynasty
merchant banker
activeInCentury 18th century
associatedWithEvent Battle of Plassey
basedIn Bengal Subah
Murshidabad
businessModel bill of exchange (hundi) operations
credit provision to rulers and merchants
client British East India Company
surface form: East India Company

Mughal Empire (in much of the territory)
surface form: Mughal Empire
country India
currencyDealtIn gold coins
rupees
silver coins
economicRole financier of land revenue system
state banker of Bengal
era late Mughal period
ethnicGroup Marwari
involvedIn conspiracy against Siraj ud-Daulah
languageUsed Bengali
Marwari
Persian
meaningOfTitle Banker of the World
notableFor financing regional rulers
immense wealth in 18th-century Bengal
involvement in the fall of Siraj ud-Daulah
political influence in Bengal
role in the Battle of Plassey context
occupation banking
moneylending
revenue farming
opposed Siraj ud-Daulah
patron Nawab of Bengal
politicalRole kingmaker in Bengal politics
region Bengal
relatedTo Jagat Seth (titleholder)
religion Jainism
supported Mir Jafar
titleHeld Jagat Seth
wealthStatus one of the richest families in 18th-century India

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Siraj ud-Daulah opponent Jagat Seth banking family