Business

Business/ Banking people

Roots of history on nagarathars origin comes from along early 2898 BC. Nagarathars are business people who are predominantly originating in the Chettinad  region[citation needed] of Tamil Nadu. They have been trading with Southeast Asia since the heyday of the Chola empire, but in the 19th Century they migrated to countries throughout Southeast Asia.

Business people:

Chettiars were traditionally involved in occupations like money lending and wholesale trading. Nagarathars, also known as Nattukkottai Chettiars, were an important trading class of 19th and 20th century South East Asia and spread to Sri Lanka, Myanmar, Malayasia, Singapore, Java, Sumatra, and Ho Chi Minh City. Changing political and economic situations since that time have caused many of these communities to disappear as their members returned to India or sought other, more hospitable homes.

Banking people:

Banks established by Chettiars include the now defunct Bank of Chettinad, and the now ICICI merged Bank of Madurai founded by Karumuttu Thiagarajan Chettiar (an Architect par excellence, Textile Don, highly principled Educationist and Philanthropher), Indian Overseas Bank founded by Shri. M. Ct. M. Chidambaram Chettiar, and Indian Bank founded by Raja Annamalai Chettiar. Nagarathars are known for their philanthropy; building temples, and schools and maintaining them throughout Asia.