An Indian man walks into the New York City bank\u00a0and asks for the loan officer. He tells the Loan Officer that he was going to India for some business for 2 weeks and needs to borrow $5,000.\u00a0The Loan Officer tells him that the bank will need some form of security for the loan. So the Indian man hands over the keys and the\u00a0documents of the new Ferrari car parked on the street in front of the bank. The loan officer consults the president of the bank, produces all the required items and everything\u00a0check out to be OK. The loan officer agrees to accept the car as a security for the loan.<\/p>\n
The bank president and the Loan Officer had a good laugh at the Indian For keeping a $750,000 Ferrari as a security and taking only $5,000 has a loan. An employee of the bank then drives the Ferrari Into the banks underground garage and parks it there.<\/p>\n
Two weeks later the Indian returns and pays $5000 and the interest which comes to it $15.41. Seeing this, loan officer says, \u201cSir, we are very happy to have your business<\/em> The Indian replies\u00a0“Where else in the New York City can I park my\u00a0car for 2 weeks and\u00a0For only $15.41 and expect it to be there when I\u00a0return”<\/em>.<\/p>\n This is a true incident and the Indian is none other than… “VIJAY MALLYA”<\/p>\n","protected":false},"excerpt":{"rendered":" An Indian man walks into the New York City bank\u00a0and asks for the loan officer. He tells the Loan Officer that he was going to India for some business for 2 weeks and needs to borrow $5,000.\u00a0The Loan Officer tells him that the bank will need some form of security for the loan. So the Indian man hands over the keys and the\u00a0documents of the new Ferrari car parked on the street in front of the bank. The loan officer consults the president of the bank, produces all the required items and everything\u00a0check out to be OK. The loan officer agrees to accept the car as a security for the loan. The bank president and the Loan Officer had a good laugh at the Indian For keeping a $750,000 Ferrari as a security and taking only $5,000 has a loan. An employee of the bank then drives the Ferrari Into the banks underground garage and parks it there. Two weeks later the Indian returns and pays $5000 and the interest which comes to it $15.41. Seeing this, loan officer says, \u201cSir, we are very happy to have your business And this transaction has worked out very nicely,\u00a0but we are a … <\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[1000,999],"class_list":["post-3170","post","type-post","status-publish","format-standard","hentry","category-stuff","tag-life-hack","tag-vijay-mallya"],"_links":{"self":[{"href":"https:\/\/andreineagu.com\/blog\/wp-json\/wp\/v2\/posts\/3170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/andreineagu.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/andreineagu.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/andreineagu.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/andreineagu.com\/blog\/wp-json\/wp\/v2\/comments?post=3170"}],"version-history":[{"count":1,"href":"https:\/\/andreineagu.com\/blog\/wp-json\/wp\/v2\/posts\/3170\/revisions"}],"predecessor-version":[{"id":3171,"href":"https:\/\/andreineagu.com\/blog\/wp-json\/wp\/v2\/posts\/3170\/revisions\/3171"}],"wp:attachment":[{"href":"https:\/\/andreineagu.com\/blog\/wp-json\/wp\/v2\/media?parent=3170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/andreineagu.com\/blog\/wp-json\/wp\/v2\/categories?post=3170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/andreineagu.com\/blog\/wp-json\/wp\/v2\/tags?post=3170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n And this transaction has worked out very nicely,<\/em>\u00a0but we are a little puzzled.<\/em>\u00a0While you are away, we checked you out and<\/em>\u00a0found out that you were a multi millionaire. What puzzled us was why would you bother to<\/em>\u00a0borrow $5000?\u201d<\/em><\/p>\n