[Advaita-l] Interest Collection is Wrong according to Dharma?
Swamisarvabhutananda
swami.sarvabhutananda at gmail.com
Fri Jul 5 00:39:56 CDT 2013
OM
Pl note that parAsharaSmriti is valid and Manu is no more valid in KALIYUGA.
Sw.SarvabhutAnandA
Sent from my iPhone
On 04-Jul-2013, at 9:56 PM, Venkatesh Murthy <vmurthy36 at gmail.com> wrote:
> Namaste Sri Sriram
>
> In Chapter 10 Manu Smruti -
> 117. Neither a Brahmana, nor a Kshatriya must lend (money at) interest;
> but at his pleasure (either of them) may, in times of distress when he
> requires money) for sacred purposes, lend to a very sinful man at a small
> interest.
>
> The Brahmin must not give loans with interest to anyone except a very
> sinful man. But who is following this rule now. They are charging heavy
> interest for every person. The Brahmin must not have desire for earning
> huge wealth.
>
>
> In Chapter 8 -
> 151. In money transactions interest paid at one time (not by instalments)
> shall never exceed the double (of the principal); on grain, fruit, wool or
> hair, (and) beasts of burden it must not be more than five times (the
> original amount).
> 152. Stipulated interest beyond the legal rate, being against (the law),
> cannot be recovered; they call that a usurious way (of lending); (the
> lender) is (in no case) entitled to (more than) five in the hundred.
>
> They are not following this also today.
>
>
> On Thu, Jul 4, 2013 at 11:09 AM, Venkata sriram P
> <venkatasriramp at yahoo.in>wrote:
>
>> Namaste,
>>
>> Pls refer 155th sloka of 8th chapter and 117th sloka of 10th chapter from
>> manu smriti.
>>
>> regs,
>> sriram
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>
> --
> Regards
>
> -Venkatesh
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