The Financial Expert

Write a short note on margayya

Write a short note on margayya in the novel the financial expert

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Margayya, whose name means “the one who showed the way” (195), is a smalltime moneylender in the village of Malgudi. He conducts his business, which mostly consists of paying back small loans in order to take on bigger loans, under the banyan tree. At the beginning of the novel, Margayya believes that money is mankind’s greatest need and that from money will come all other attributes, including knowledge. Margayya prays to the Goddess Lakshmi for wealth, and eventually becomes rich by publishing a putatively sociological book about sex and domestic happiness.

Margayya spends most of the novel trying to make money. However, so focused as he is on his goal, Margayya rarely acts compassionately towards his wife and child. He is frequently dismissive of his wife and harsh with his son, who on occasion he beats. Margayya is especially disappointed in his son’s academic performance, failing to see how the two—Balu’s inherited wealth and his lack of self-motivation—are connected. In the end, Margayya realizes that he should grateful for his family, instead of always expecting more from them.

At the end of the novel, Margayya returns to his place beneath the banyan tree. He has lost all his money and failed to acquire any meaningful amount of property in the interim. Margayya delights in his grandson, Balu and Brinda’s son.