Back to album

People and Places

Chettiars are a people of Indian origin, well known for their financial dealings and hospitality. They are followers of the Hindu religion and worship the Shiva and Muruga deities of the Hindu faith. They belong to a very prolific Business Community, who in olden days moved out of India to foreign lands like Burma, Ceylon, Java, Sumatra, Malaysia, Singapore & Vietnam (Saigon) and spread their Culture in those lands. Chettiars are basically Bankers who lend money at nominal interest. They are considered as the Pioneers of Modern Banking. They are the first to introduce what is called as " Pattru (debit), Varavu (credit), Selavu (expenditure), Laabam (profit), Nashtam (loss) " which are all, collectively, known as " Iynthogai (trial balance). "

 

 

 

 

 

4,098 views
0 faves
0 comments
Uploaded on May 30, 2010
Taken on May 30, 2010