Dec 28, 2009
Margayya (who adopted his name, which means “one who shows the way”), a financial expert, is one of the minor businessmen who are to be found in most Indian towns and cities. Neither a moneylender nor really a banker, he is a manipulator of others’ affairs who accumulates a modest income by giving financial advice, selling forms, and showing illiterate farmers and peasants how to obtain loans from the Central Co-operative Land Mortgage Bank in Malgudi. His role as middleman is lucrative, for he has almost no overhead: His pen, ink, blotter, and account book are...
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