Saturday, April 19, 2014

Yes! We are a “Banana Republic”.


So, a company can be started by putting in a share capital of Rs 100,000. DLF will be happy to give loans/advances of Rs 50 crore to this company.

Go and buy land with this money. Then sell the land to DLF at Rs 300 cr.

Book a clean profit of more than Rs 200 cr after repaying the DLF loan with interest.

And all this in a few months. From Rs 1 lakh to Rs 200 cr.

Wow!! What a business model?

Yes! We are a “Banana Republic”.

Because we allowed this to happen.



Note: Numbers used are indicative and for the sake of illustration.

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