 European documents mentions them as "Chatim" or "Xette",which is corruption of Konkani Shett, or Shetty.The guild or members of the guilds of traders, merchants, and their employees who were mainly artisans, craftsmen, and husband-men in ancient Goa like elsewhere in ancient India, were called Shreni, and the head of the guilds were called Shrestha or Shresthi, which meant "His Excellency".Of all the trade guilds,the Daivadnya guild, was highly esteemed in Goa.These guilds enjoyed such a reputation for trustworthiness that people deposited money with these guilds,which served as local banks and also made huge donations to the temples.