How Indian mind works. is it soooooo????This is a discussion on How Indian mind works. is it soooooo???? within the HOT Debates - The Big Fight forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; NOT A STORY BUT A
TRUE INCIDENT
An Indian man walks into a bank in
New York City and asks ...  | | | | | Active Manager Institute: MIMR
Status: Offline Posts: 118 Management Paradise Rupees.: 3,239 Join Date: Sep 2008 | How Indian mind works. is it soooooo???? -
June 12th, 2009
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 | | | | | MBA Help | | RAM Your Friendly Helper
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Status: Offline Posts: 1,388 Management Paradise Rupees.: 41,140 Join Date: May 2009 | Re: How Indian mind works. is it soooooo???? -
June 13th, 2009
Quote:
Originally Posted by rouger 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 | That's a nice story my friend,
this is quite true of Indian who can find many ways to save money.
That is why Russell Peters, the Canadian born Indian comedian says that Indians are "cheap".... To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts. ............SAVIO | | | | | | | | Trainee Manager Institute: WITS BUSINESS SCHOOL
Status: Offline Posts: 2 Management Paradise Rupees.: 237 Join Date: Jun 2009 | Re: How Indian mind works. is it soooooo???? -
June 14th, 2009
Hi
I think it is a bit of genius combined with fact! | | | | | Thread Tools | | | | Display Modes | Linear Mode |
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