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Probably all the eighteen schools had separate Vinayas, and to some extent they had different editions of the other Pitakas, for the Sarvâstivâdins had an Abhidharma of their own. But there was no objection to combining the study of Sarvâstivâdin literature with the reading of treatises by Asanga and Vasubandhu or sutras such as the Lotus, which I-Ching's master read once a day for sixty years.

So the study of the sûtras and the works of Asanga and Vasubandhu is approved by a Sarvâstivâdin. The Sautrântikas, though accounted Hinayanists, mark a step in the direction of the Mahayana. The founder of the school was Kumarâlabdha, mentioned above.

Three stages in the history of Indian Buddhism are marked by the names of Aśvaghosha, Nâgârjuna and the two brothers Asanga and Vasubandhu.

During this period Vasubandhu was a Sarvâstivâdin but of liberal views and while in this phase wrote the Abhidharma-kośa, a general exposition of the Abhidharma, mainly according to the views of the Vaibhâshikas but not without criticism. This celebrated work is not well known in Europe but is still a text-book amongst Japanese Buddhist students.

After the death of Vasubandhu few names of even moderate magnitude stand out in the history of Indian Buddhism. The changes which occurred were great but gradual and due not to the initiative of innovators but to the assimilative power of Hinduism and to the attractions of magical and emotional rites.