The Diwali Mania is over here. We had a very simple diwali this time, no lights, no flashes, no fire crackers, only home made sweets, no “show sha”. It passed smoothly to be simple. Diwali and smooth! Yes there are many types of Diwali’s here in mumbai in our community (community of marwari businessmen). People see it as different way for some people diwali is a burden for some its a rejoicing time. How many of these do really enjoy diwali. Hard to say. The diwali time is to do new things like we shifted to new home its nice, bigger and has lots of light. I am yet to sleep there. Still sleeping in office. Intrest is keyword for diwali. People pay interest on diwali. There is rule Intrest is to be paid 2 days before diwali on dhanteras. If u do so u are considered genuine and market is willing to lend u more money, you get discounted intrest rates. Then for next 7 days there is grace period, pay by then and save your ass or it will be ripped off, Yeah once you fail to pay after grace period, the margin calls are triggered, clearly people start asking for their money, your name is blacklisted and a chain reaction of people asking for their money is intiated. A person who coudnt pay interest on time is forced to sell his assets, investments, shop business and whatever he has and payback. Fine if u do so still u got ur namebut no business. But if u decline you are declared to be bust. (diwalia). A complicated process. Intestest is to be paid at any cost to save your future. I didnt have much of intrest to be paid and i saved myself, Next day i got a call from couple of people that did I need more money. Well after thinking hardly for ten minutes i said yes to one of persons, though i dont need it, i thought this will help me in increasing my credibility. I remember days when i used to work as a salaried person. No tension every month on a fixed date salary used to come. Now I am on the other end. Every Month!!
Posted inDaily Musings
Wah guru !
kya diwali ke dhansoo funde chape hain english mein ! about intrest and ye woh !..
Good writing, enjoyed it