Banking on reality

Ravi Subramanian's Devil in Pinstripes outlines the politics, the power plays, and the manipulations in the banking world

April 19, 2010 03:35 pm | Updated 03:35 pm IST

TAPPING THE TREND Ravi Subramanian. Photo: R. Ragu

TAPPING THE TREND Ravi Subramanian. Photo: R. Ragu

You don't often see these many corporate-types at a typical book launch. Pretty much just one guy in the packed audience is wearing a t-shirt, and that one reads ‘Proud to be an IIMB alumnus'. And all around, you hear scattered gossip about how so-and-so, a common colleague, has been featured in the book…

That was the scene at Landmark during the launch of Devil in Pinstripes , Ravi Subramanian's second novel set in the cutthroat world of banking in India, following his popular debut novel If God was a banker (2007) (his second book, I bought the Monk's Ferrari (2007) was more of a how-to guide to corporate success, the “antithesis of Robin Sharma's book”).

Turns out the crowd consisted mostly of ex-colleagues (from his Chennai days of working for Grindlays Bank) and ex-IIMB batchmates (Subramanian graduated in 1993) — a fair share was curious readers, people who'd enjoyed his earlier books, people who were intrigued by his insider's view of the high-stakes world of international banking.

Not an autobiography!

And, they all had the same question. “I have 17-18 years of my banking career left, I wouldn't risk it by writing an autobiographical book,” he laughs. He admits he has written about things that have happened, but not of specific people: “I've taken extreme care that no character is recognisable; that would not be right.”

Devil in Pinstripes (launched by D. Murali, deputy editor, The Business Line , and Sundarrajan, managing director, Shriram Capital)centres around a fictional international bank in India, New York International Bank (just like in If God… ), and outlines the politics, the power plays, and the Machiavellian manipulations that go on behind the scenes.

“This book was a lot harder to write — If God… had a clear-cut good guy and bad guy. It was all black and white,” says the Tiruchi-born, Ludhiana-brought up author who currently works at HSBC, Mumbai. “But in Devil… , every single character has shades of grey.”

The New Indian flavour

Both books fall unapologetically into the Chetan Bhagat bracket of the New Indian masala novel — fast-paced easy reads, set in contemporary, urban India, with some frankly clunky writing and editing — that, nevertheless, appear to strike a chord with their readers. That connect was apparent as audience at the launch engaged the author in discussions on corporate fraud, ethics and intra-personal politics during the question-and-answer session.

“I was quite surprised by the audience reaction — by the way, I was interrogated!” he says laughing. Not surprisingly, his next book The Imperfect God will also be on banking. “Banks are one of the largest employers in the country, and have the largest number of job aspirants; they impact everyone's lives; there's money, sleaze and power struggle — and no one else is writing on them!”

This one, he says, will be set in the streets of Chennai, Coimbatore and Tanjavur. And, will also, no doubt, feature the basest form of corporate politics. But as Subramanian says: “Corporate politics is a way of life — learn to deal with it.”

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