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Trade and Commerce in Colonial Bombay: A History of the Emergence of its Business and Financial Establishments, c.1661-1935 examines the evolutionary history of the Bombay Mint along with the banking institutions which led to an efflorescence of trade and commerce in colonial Bombay. From a small trading island in the seventeenth century, Bombay developed into a financial centre during British rule.

The book also investigates the effect of import of bullion from parts of South America, Europe, and Asia and its role in India's economic development. The monetary concerns of the British paved the way for trade and commerce in Bombay with the introduction of English currencies minted in the Bombay Mint. The idea of banking thus developed from this Mint under the governorship of Charles Boone in 1720.