Penguin sells Yes Bank story rights for film to Almighty Motion Pictures

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Publishing house Penguin Random House India on April 12 said it has closed a deal with Almighty Motion Pictures for the audio-video rights of financial thriller ‘The Banker Who Crushed His Diamonds: The YES Bank Story’.

The book, published by Penguin earlier this year on the Yes Bank saga, was authored by Furquan Moharkan.

The Banker Who Crushed His Diamonds uncovers the deep rot set in the Yes Bank’s glittering success story, the publisher said in a statement.

‘The Banker Who Crushed His Diamonds’ has been reviewed as an interesting, crisp page-turner and is now set to be adapted for screen, the publisher added.

Vaishnavi Singh, Manager, Digital Platforms, Products & Video Rights, Penguin Random House India, says, ‘After the resounding success of the book, we are excited to see the story of one of the biggest banking scams transform for screen. We have seen a growing appetite for financial crime drama and The Banker Who Crushed His Diamonds not only fits the bill as a cautionary tale, but it is also a revelation of the chinks in India’s armour against financial chaos.’

Shreya Punj, commissioning editor, Penguin Random House India, says, ‘I’m delighted to see just how much readers loved The Banker Who Crushed His Diamonds finding it informative and accessible. It’s an important book, especially for the average Indian who values her savings and is a cautious investor. Now in an AV format, this important and cautionary story will reach more people.’

“We have also seen growing interest in financial thrillers in the country, which I hope would lead to the success of The Banker Who Crushed His Diamonds in AV form. This will also help a lot in making the masses financially more literate,” Moharkan said.

Almighty Motion Pictures, launched in 2020 with a web series on MX Player, is headed by actor turned entrepreneur Prabhleen Kaur Sandhu.