BLAND CORPORATE STYLE

 Working in the bank we had to do quite a lot of write ups or brief notes summarising our recommendations or prepare matter for circulars. We were expected to cover all aspects. After a while we became attuned to the style.  Recently I found a news item on Sriram Finance in the BusinessLine that was an exact replica of what we were exposed to on the job. Putting that here to expose our youngsters to what would be expected of them as they climb the ladder.

May14,2024, BusinessLine carries a front page article, Shriram Fin to sell home loan arm (SHFL) to Warburg Pincus.

Ravi Subramaniam, MD&CEO SHFL says,

" The affordable housing finance segment is poised for significant growth. 

Our focus on innovative customer centric solutions, product diversification and superior customer experience remains steadfast, supported by cutting edge technology and analytics."

The newspaper further describes the downside risks in Home Finance.

"Regulatory changes, tighter liquidity, continuation of elevated interest rates, delayed resolutions/recoveries in wholesale loans and competition from banks may pose downside risks to NBFCs."

Notice how bland it is. But that's the manner in which corporates function