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Rare Peston Shahi Coins Spotlight Parsi Financial Legacy

During the reign of Nizam Nasir-ud-Daula from 1829 to 1857 under Asaf Jah IV, the influential Meherjee brothers from Bom...

During the reign of Nizam Nasir-ud-Daula from 1829 to 1857 under Asaf Jah IV, the influential Meherjee brothers from Bombay became deeply intertwined with the financial administration of the Hyderabad state. Their historic legacy is prominently highlighted through the rare Peston Shahi coins, which symbolize a significant era of Parsi banking influence within the southern Indian princely state's evolving economic landscape.

SOURCE: Deccan Chronicle - Latest
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