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East India Company flag (1801)en.wikipedia.org |
The term ''Banyan'' (from caste term Baneah) implies a Hindu merchant, shopkeeper or confidential cashier and broker. The term was used in Bengal to designate the native who managed the money concerns of the European, and sometimes served him as an interpreter. In plain term, he was a 'commission agent' for the Europeans who arrived in India to engage in mercantile trade and business and acted as an intermediary between Europeans and Indian goods manufacturers or business people. These so called agents were closely associated with the British East India Company that landed in India in the 1700s to engage in mercantile trade in cotton, Indigo, spices, silk, etc. They got trading concessions from the then Mogul ruler after 1634. Their trading activities began to spread across slowly and they established the Madras Residency and Calcutta residency with forts and factories to carry on their trading activities. With the expansion of their business they needed the help of people who were bilingual -knowing English and the local language spoken in that region.
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Banyan (agent)-a native of Surat.Brtish India. diwancybermuseum.com |
At Madras (now Chennai, Tamil Nadu) the person of same description was called a Dubashi (meanig bilingual), one who could speak, besides English, two local languages - Tamil or Telugu. Subsequently these Dubashis at Madras became influential and well-known merchants. They were very close to their British sahibs and wielded enormous powers. It was inconceivable what property was in their hands. They were ostensible agents in every line of business, placing their dependents in the several departments over which they themselves had obtained dominion. If a contract was to be made with the Government by any gentlemen not in the Company's service, the banyans became the securities, under the condition of receiving a percentage. When a person in the service of the Company was an indirect beneficiary which he was unable to enjoy for some reason, then the banyan became the principal agent , and the donor either received a share or derived advantage from loans. The same person frequently was banyan/intermediary to several European gentlemen, all of whose concerns were, of course, accurately known to him, and thus became the subject of conversation.
Dubashis of Colonial India: Power Brokers in the British Mercantile Empire
The term Dubashi—derived from the Persian “du” (two) and “bhasha” (language)—referred to bilingual individuals who played a pivotal role in colonial India's commercial and administrative machinery. These intermediaries were essential to the functioning of the British East India Company, especially in Madras (present-day Chennai), where they facilitated trade, negotiations, and communication between British officers and native merchants, artisans, and rulers. Their equivalents in Bengal and western India were known as Banyans or Baniahs, typically Hindu merchants or cashiers.
The Dubashis were indispensable during the early years of the Company’s expansion in India from the 17th century onward. Fluent in English and local languages such as Tamil, Telugu, or Persian, they served as interpreters, translators, brokers, accountants, and trusted business advisors. Over time, their roles expanded, and they emerged as powerful middlemen in revenue collection, contract brokerage, and property acquisition.
In Madras, the Dubashis became fabulously wealthy and influential, with some controlling vast estates and acting as power brokers in both local society and the colonial establishment. A prominent Dubashi could hold sway over access to British officials—so much so that even Indian rulers often had to pass through the chief Dubashi to secure a meeting with the Governor. They placed relatives in various administrative departments, securing monopolies and commissions, often acting as agents for multiple British officials simultaneously.
In Madras Dubashis were very close to their British sahibs and wielded enormous powers. It was inconceivable what property was in their hands. They were ostensible agents in every line of business, placing their dependents in the several departments over which they themselves had obtained dominion. If a contract was to be made with the Government by any gentlemen not in the Company's service, the banyans became the securities, under the condition of receiving a percentage. When a person in the service of the Company was an indirect beneficiary which he was unable to enjoy for some reason, then the banyan became the principal agent. Their notoriety was the talk of the town to such an extend, some historians consider the Chennai term "dubakoor" (born liar) is the forerunner of dubashi.
Dubashi 's insider knowledge of both colonial bureaucracy and indigenous networks gave them immense leverage and advantage. In Calcutta, nearly every British merchant had a ''banyan'' to manage his affairs. The Dubashis of Madras, like their northern counterparts, knew their British patrons intimately - sometimes even astrologically!
However, their immense power in the corridors of government offices also bred corruption and nepotism as well. Some were complicit in financial scandals involving corrupt British officials. Despite this, their role in shaping colonial India’s economy and bridging two cultures was undeniable. Today, the legacy of Dubashis remains a complex mix of collaboration, cultural exchange, and commerce-driven power.
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