However, during the Third battle of Panipat which was held on 14 January 1761, he was responsible for certain decisions which were partially responsible for the defeat of the Marathas against Ahmad Shah Abdali.
•
At the ascendancy of Madhavrao, the Maratha empire was in complete shambles as their defeat at Panipat had accumulated big debts to their wealth.
•
Under his peshwaship, Maratha power recovered from the losses suffered during the Panipat Campaign, a phenomena known as "Maratha Resurrection".
Jyotiraditya Madhavrao Scindia | Madhavrao II | Madhavrao I |
The Chintamani Temple was also a spiritual magnet for the Peshwa rulers, especially Madhavrao I (1745–1772) who renovated and made additions to the temple structure.