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An indian

CA Abhilasha Bhagat

CA Abhilasha Bhagat (ACA) (466 Points)

14 December 2012  


 







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'"

 



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 5 Replies

CA Mansi Kotecha

CA Mansi Kotecha (Keep Smiling !!) (6890 Points)
Replied 14 December 2012

wink OMG !!

Awesome yes

Online classes for CA CS CMA. Professional courses for GST, Tally, Others & Books
 @VaibhavJ

@VaibhavJ (Believe!! Live your dreams!)   (33521 Points)
Replied 14 December 2012

nice one, its using common sense, that u can se seldom used by avg people & always by the leaders.....


 Deepak Dargad

Deepak Dargad (Chartered Accountant....)   (9787 Points)
Replied 14 December 2012

Originally posted by : Mansi Kotecha

 OMG !!

Awesome 


Thanx for Sharing ...........really Awesome



(Guest)

Awesum...............................devil


nitin suvarna

nitin suvarna (C.A FINAL) (828 Points)
Replied 15 December 2012

Originally posted by : Mansi Kotecha

 OMG !!

Awesome 

great

 



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