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http://hdl.handle.net/11718/22704
Title: | Ganga Enterprises |
Authors: | Kumar, Pushpender |
Keywords: | Financial Credit;Credit Risk;Loan;Commission;Policy: Strategy |
Issue Date: | 6-Jun-2019 |
Publisher: | Indian Institute of Management Ahmedabad |
Series/Report no.: | BP0432; |
Abstract: | Mr. Kewal Balana, Proprietor of Ganga Enterprise at Sri Ganganagar, Rajasthan,India, was worried about the abolishment of 2% commission in May 2018, in ‘Kachi-Aadat’ line of business, due to direct online transfer of money to farmer’s bank account. The firm suffered a net reduction in profit of Rs 1 million, 2% of Rs 50 million of commodities. , Mr. Bhushan Kumar, younger brother of Kewal Balana, wanted to quit Kachi- Aadat line of business and move to Pakki-Aadat line of business, where in the firm would sell commodities directly to industrial unit and charge 1% commission on net sales. His son Shobhit Kumar Balana on the other hand wanted to enter in the entirely new line of business. |
URI: | http://hdl.handle.net/11718/22704 |
Appears in Collections: | Cases and Notes |
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