Purshottam Kanji Exchange

Purshottam Kanji, a traditional business conglomerate, celebrates its 100th year of successful traditional business ventures in the Sultanate of Oman. Set up in the year 1920, by Mr. Purshottam Kanji and his father Mr. Kanji, who migrated from the terrains of Kutch, Gujarat in India. started their business trading viz. in rice, sugar, edible oil and clothes. With the passage of time, in the year 1955, Purshottam Kanji started small business as a Saraf, exchanging money between Dubai and Muscat and buying and selling of pure 24 ct gold. For a decade from 1970 to 1980, Purshottam Kanji, were doing money exchange and gold business on their trade license just from Ministry of Commerce,. In the year 1980, Central Bank of Oman introduced Money Exchange regulation and M/S. Purshottam Kanji were the first company to to get the license issued by CBO to carry on Money Exchange and Draft drawing and buying and selling of gold business. Earlier, Central Bank of Oman had allowed to open...