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Author:siddhant vijay
professional real estate advisor at Nagpur, Maharashtra.
professional real estate advisor at Nagpur, Maharashtra.
Not A Story But A True Incident.
NOT A STORY BUT A
TRUE INCIDENT
An Indian man walks into a bank in
New York City and asks for the loan officer.
He tells the loan officer that he is going to India on business
for two weeks and needs to borrow $5,000.
The bank officer tells him that the bank
will need some form of security for the loan,
so the Indian man hands over the keys
and documents of new Ferrari parked
on the street in front of the bank.
He produces the title and everything checks out.
The loan officer agrees to accept
the car as collateral for the loan.
The bank's president and its officers
all enjoy a good laugh at the Indian
for using a $250,000 Ferrari
as collateral against a $5,000 loan.
An employee of the bank then
drives the Ferrari into the bank's
underground garage and parks it there.
Two weeks later, the Indian returns,
repays the $5,000 and the interest,
which comes to $15.41.
The loan officer says,
"Sir, we are very happy to have had your business,
and this transaction has worked out very nicely,
but we are a little puzzled.
While you were away,
we checked you out and found that you are a multi millionaire.
What puzzles us is, why would you bother to borrow "$5,000" ?
The Indian replies:
"Where else in New York City can I park my car
for two weeks for only $15.41
and expect it to be there when I return'"
Ah, the mind of the Indian...
This is why India is shining
TRUE INCIDENT
An Indian man walks into a bank in
New York City and asks for the loan officer.
He tells the loan officer that he is going to India on business
for two weeks and needs to borrow $5,000.
The bank officer tells him that the bank
will need some form of security for the loan,
so the Indian man hands over the keys
and documents of new Ferrari parked
on the street in front of the bank.
He produces the title and everything checks out.
The loan officer agrees to accept
the car as collateral for the loan.
The bank's president and its officers
all enjoy a good laugh at the Indian
for using a $250,000 Ferrari
as collateral against a $5,000 loan.
An employee of the bank then
drives the Ferrari into the bank's
underground garage and parks it there.
Two weeks later, the Indian returns,
repays the $5,000 and the interest,
which comes to $15.41.
The loan officer says,
"Sir, we are very happy to have had your business,
and this transaction has worked out very nicely,
but we are a little puzzled.
While you were away,
we checked you out and found that you are a multi millionaire.
What puzzles us is, why would you bother to borrow "$5,000" ?
The Indian replies:
"Where else in New York City can I park my car
for two weeks for only $15.41
and expect it to be there when I return'"
Ah, the mind of the Indian...
This is why India is shining
Siddhant,
Grace Realities(I) Pvt. Ltd., Nagpur.
9881277889
Comment 1: By amit jain on 16th Jul 2008
bhai waah mazedaar hai yaar.... nice one to share
with people....
Comment 2: By KULDEEP AGRAWAL on 26th Jun 2008
Salutes to our Great Indian Bretheren and their
Brains.I wish
all the sharpness of our Brains could be put to use in a constructive and positive direction.I am sure,INDIA would really be SHINING and INCREDIBLE.
all the sharpness of our Brains could be put to use in a constructive and positive direction.I am sure,INDIA would really be SHINING and INCREDIBLE.
Comment 3: By Somali Shaw on 23rd Jun 2008
That's true Indian brain are not only sharp but
even clever. That's why they are always in demand.
But then also don't know why India has not been
able to become a developed country.
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