Fast and Hassle-Free Process. The founder of the Muthoot Group was Muthoot Ninan Mathai, from whom the business house was later taken over by his son, M. George Muthoot. Muthoot Global is a part of Muthoot Group with presence in UAE, US and UK, currently dealing in Gold Loans, Money Transfer, Travel & Tourism and eCommerce. The school operates under the Central Board of Secondary Education The Muthoot family is one of the foremost business houses in South India. The company Muthoot Group intends to invest in Costa Rica about $ 40 million in hotel developments, under the concept and brand of Xandari Hotels. The Muthoot Group is an Indian multinational conglomerate headquartered in Kochi, Kerala. St George's School, New Delhi: It was founded in 1930. The Muthoot Group's corporate social responsibility efforts are directed towards proper sanitation, education, welfare of the lower income Group of the nation, health and technology and environmental awareness and conservation. Muthoot Precious Metals Corporation (MPMC) was established in May 2006, the company sells coins & bars of 999 Pure 24 Carat gold and silver throughout India. Muthoot Housing & Infrastructure, formerly known as Muthoot Builders, was established in 1990. For the past 133 years, the company has been providing trusted services to over 2.5 lakh people daily. The Muthoot Group has been the main sponsor of the team, with the branding on the t-shirt chest of the Jerseys. In 1939, M. George Muthoot created a partnership firm under the name of Muthoot M. George & Brothers (MMG). The Muthoot Pappachan Group is a twelve decades old reputed business house based in Kerala,India. Asia Asset Finance primarily provides loans to small businesses as well as Gold Loans. We are also the largest Gold Financing Company in India in terms of loan portfolio, according to the 2015 update to the IMaCS Research & Analytics Industry Reports, Gold Loans Market in India, 2015 ("IMaCS Industry Report, (2015 Update)"). Shri M. G. George Muthoot took over the reins of The Muthoot Group as its Chairman in 1993 and through his able leadership made it one of India’s largest business conglomerates. They carry out the sales of these bars and coins through more than 4250 branches of Muthoot Finance. The Muthoot M. George Charitable Trust reaches over 20,000 people in need of assistance every year. his condition is stable now. It was then later taken over by his son M George Muthoot, who incorporated the finance division of the group, which was until then primarily involved in wholesale of grains and timber. The group expanded its Gold Loan business to the UK, wherein it operates under the brand name Muthoot Finance UK. It is owned and managed by the Muthoot family. The company was established in 1993. [3] It has interests in financial services, information technology, media, healthcare, education, power generation, infrastructure, plantations, precious metal, tourism, and hospitality. The Reserve Bank of India classifies it as a Deposit taking Asset Finance Company. Muthoot Group is an organization that dares to dream the impossible; motivating and empowering its over 21000-member strong team to go on and achieve the impossible. M. G. George Muthoot, the third son of M. George Muthoot became the Trustee of the Malankara Orthodox Church in March 2007. The company's headquarters are located in Kerala, India, and it operates over 4,400 branches throughout the country. Muthoot Finance Ltd Sanctions loans only against pledge of gold ornaments. The institute offers courses in all streams of engineering under the Dr. A P J Abdul Kalam Technological University. In 2014, the group also acquired a majority stake in a Microfinance company operating under the brand name Belstar Investments. The founder of the Muthoot Group was Muthoot Ninan Mathai, from whom the business house was later taken over by his son, M. George Muthoot. 5,330 + The Periyar Foundation set up by Muthoot Hotels is based in the town of Thekkady, near the Periyar National Park has undertaken several projects for the conservation of the national park including 'vasantha sena'[25] and a research study along with the National Institute of Advance Studies for the conservation of 'Nocturnal Flying Squirrels'. Shri M. G. … Business Owners, Entrepreneurs and Startups. East Delhi. Password Protected. The school is recognized by the Central Board of Secondary Education Expansion into other regions of the US and The Middle East is planned. The Muthoot Group The Muthoot Group is founded in 1887 by Muthoot Ninan Mathai. H.M.Degree College. The group manages assets of over $4.5 billion. Dhanam (Wealth), a business magazine in Kerala, also rated Muthoot as one of the foremost business families of Kerala.[3]. The company operates primarily in South India. Muthoot Finance has played an instrumental role in organizing and professionalizing gold collateralized loans in India, a concept which emphasizes mobilising household gold jewelry as a channel of credit to borrowers. The group provides wire transfer services through the branch network of Muthoot Finance since 2002. The Muthoot Group ventured into the competitive world of equity & commodity broking on 28th May 2008, with the objective to sustain its leadership by positioning itself as a highly professional outfit dedicated to high standards of business excellence marked by integrity, fairness and transparency, strict adherence to commitments and most importantly trust. 2.5 Lakh + Customers Served Everyday. The services offered by this division include international and domestic air ticketing, tour packages, passport services, emigration and visa services, travel insurance, bus ticketing and foreign exchange. Muthoot Fincorp has over 3600 branches across India with an average walk in of over 1,00,000 customers per day. In 1971, the firm was renamed as Muthoot Bankers, and started to finance loans using gold jewellery as collateral. Muthoot Pappachan Group has interests in Gold Loans,Banking and Finance,Alternate Energy Services,Automotive Services, Financial Services, Hospitality Services, IT Infrastructure Services, and Real Estate Investments Services.Know more about the Muthoot group from https://www.muthoot.com for … The Muthoot … Muthoot Fincorp Ltd., the flagship company of Muthoot Pappachan Group, is one of the largest NBFCs in India, registered with the Reserve Bank of India. The infrastructure division has residential and commercial projects in South India.[21]. The Muthoot Group company Chairman name is M G George Muthoot. Already, Nandanam Metro station has been painted red with Muthoot group’s name next to the station name. The company has recently started its operations in US with a subsidiary in the Philadelphia region. Muthoot Systems and Technologies Pvt Ltd operating under the brand Emsyne,[17] is the Information technology arm of the Muthoot Group, is headquartered in Cochin. It offers information technology services, product engineering, business process outsourcing services and consultancy services to local as well as global clients. MMG was a chit fund based out of Kozhencherry. The group was founded by Muthoot Ninan Mathai, M.G. It operates over 65 business centres in Kerala, Tamil Nadu, Andhra Pradesh and Karnataka. It was established in 2002. The securities brokerage business of the group is undertaken through the subsidiary Muthoot Securities. UAE operations commenced in 2002, UK operations started in 2007 and US in 2010. Muthoot Ninan Mathai, patron founder of our group entered the gold loan business in the 1950’s and Muthoot Pappachan was a simple and devout man, who espoused a nine point formula that stood by him in realizing his goals. Clients are organised in groups of five to ten women from economically weaker sections of society living in rural and semi-urban areas or urban slums. M.G. It is owned and managed by the Muthoot family. Established in 1939, The plantations grow cardamom, tea, coconut and rubber. The profit for the group, Muthoot Finance contributed INR 2,993 crores and subsidiaries, INR 176 crores current year. The group takes its name from the Muthoot Family based in Kerala. Sonika Tiwari Accounts Executive at The Muthoot Group. Bringing joy to millions through a Diversified Product Portfolio. Company profile for Muthoot Finance Ltd. including key executives, insider trading, ownership, revenue and average growth rates. [2], India Today rated the Muthoot Family among the most influential business houses in Kerala. ... Four held for murder attempt on eatery owner . Founded under the aegis of the Muthoot Group, this health care provider has been in continuous pursuits of excellence from its very inception on 11th July 2003. Lucknow. MPMC imports gold bullion from Switzerland and converts them into gold coins of smaller denominations so as to suit the investment requirements of people from different income groups. All operations are now run under the name of Muthoot Insurance Brokers Pvt. View detailed MUTHOOTFIN.IN description & address. In an effort to promote the Indian government's initiative of Housing for All, Muthoot Homefin operates primarily in the affordable housing segment, wherein the loans are below ₹30 lakh (US$42,000). Muthoot Fincorp Ltd. The Muthoot Group, which has a family legacy of 800 years, was founded in 1887 by Late Shri Ninan Mathai Muthoot, as a modest trading business in the remote village of Kozhencherry in Kerala. Ajay Chaudhary. It has interests in financial services, information technology, media, healthcare, education, power generation, infrastructure, plantations, precious metal, tourism, and hospitality. In 2013, the group also acquired a majority stake in an NBFC in Sri Lanka operating under the brand name of Asia Asset Finance Limited. This was announced on the afternoon of Tuesday, February 20 George Muthoot George, Asian investor and owner of a business in the country. Muthoot Finance Ltd. is an Indian financial corporation and the largest gold loan NBFC in the country. Today, Muthoot Finance has a customer base of over 6 million and serves around 80,000 customers a day. The company has been operating for over the past 14 years in the IT sector. As of December 2012, the school has a staff strength of 130 teachers and student strength over 3000. [4] The group manages assets of over $4.5 billion. The family traces its roots to Thevervelil Family in the small town of Kozhencherry in Central Travancore . Join to Connect The Muthoot Group. The family traces its roots to Thevervelil Family in the small town of Kozhencherry in Central Travancore. Not a client? The group operates a chain of multi-speciality hospitals and a network of specialty clinics and diagnostic centres. The company has its Corporate Office in Mumbai, and operates primarily in the Western and Central states of India. The Delhi Capitals are a franchise cricket team that represents the city of Delhi in the Indian Premier League (IPL). About. The group provides tours and travel services through the brand Travel Jango (earlier known as Travel Smart). Muthoot Group operates in 29 states in India, and has presence in Nepal, Sri Lanka, US, UK and UAE. The company has signed a partnership agreement with UST Global to expand its business into digital. George Muthoot, Chairman, The Muthoot Group Read More Muthoot Fincorp has over 3600 branches across India with an average walk in of over 1,00,000 customers per day. View detailed 533398.IN description & address. Chennai Super Kings IPL 2018–2020. This 300 bedded hospital is situated in the heart of Pathanamthitta. Delhi Daredevils IPL 2011–2013. Report this profile ... Business Owner at Sundew Properties Bangalore Urban. Now get your own PAN Card fast and hassle-free with The Muthoot Group from any of our 5,330+ branches. Gold loans by Muthoot Finance allow you to access funds in lieu of your gold jewellery, ornaments, etc. In addition to financing gold transactions, the company offers foreign exchange services, money transfers, wealth management services, travel and tourism services, and sells gold coins. Muthoot College of Allied Health Sciences, Kozhencherry: The institute was established in 2004 and offers major health courses like MLT, MIT etc. ... branch manager at The Muthoot Group A Muthoot M. George Enterprise. Muthoot Homefin has a long-term credit rating of AA- (ICRA) and a short-term rating of P1+ (ICRA)[13]. The company was set up by Muthoot Ninan Mathai in 1887 at Kozhencherry, a small town in the erstwhile Kingdom of Travancore (Kerala). As of 2009, it was the largest non-banking financial company issuing gold-backed loans. The Muthoot Group has many different types of industries, from finance to hospital and in sports CSK. Chandran & Raman Chartered Accountants. The family has interests in various sectors of business varying from Financial Services to Media. The Group started as a small trading business enterprise in Kozhencherry, a remote village in the state of Kerala. In addition the group also operates Pampa Villa and Kayal Villa two boutique hotels in Kerala, as well as 10 Kettuvallam's in Kerala which operate under the brand 'Xandari River Escapes'. The Muthoot Group's Charitable actions/events are all conducted by the Muthoot M George Foundation.[24]. Muthoot Hospitals became operational in 1988 and currently operates under the brandname of Muthoot Healthcare. The group operates a specialised Cancer Research Centre in Kozhencherry, 2 multi-speciality hospitals in Kozhencherry and Pathanamthitta as well as Diagnostic Centres spread across the state of Kerala. This land named “island farm” was acquired by a chartered accountant from various owners and sold to Mini Muthoot group, a leading non-banking financial corporation in Kerala. Muthoot Ninan Mathai, patron founder of our group entered the gold loan business in the 1950’s and … Muthoot Group operates Chennai Live 104.8 Fm[18] that focuses on the growing demand for urban English music. The Muthoot Group is an Indian multinational conglomerate headquartered in Kochi, Kerala. As of December 2012, there are 7 inward remittances that Muthoot Finance offers Western Union, Xpress Money, Instant Cash, Ez Remit, Transfast, MoneyGram, Global Money.[14]. Sonika Tiwari. Incorporated in 1992, Muthoot Vehicle & Asset Finance is a public company engaged in providing vehicle loans. The group manages four luxury hotels operating under the brand name of Xandari, in Thekkady, Marari Beach, Fort Kochi and Alajuela, Costa Rica. [1], The Muthoot family are Christians belonging to the Malankara Orthodox Syrian Church, and is one of the most influential members among the Christian community in Kerala. http://www.orthodoxherald.com/2007/03/19/fr-johns-abraham-konattu-and-muthoot-m-g-george-as-trustees-of-the-church/, http://www.dhanammagazine.com/index.php?issueid=125, https://en.wikipedia.org/w/index.php?title=Muthoot_family&oldid=985608752, All Wikipedia articles written in Indian English, Articles with unsourced statements from March 2011, Creative Commons Attribution-ShareAlike License, This page was last edited on 26 October 2020, at 22:08. [26], Dr. A P J Abdul Kalam Technological University, "Muthoot Group to hire 1,000 employees each in next 4 years", "Business Line : Today's Paper / MONEY & BANKING : Muthoot targets 2,0…", "India's larges gold financing NBFC, Muthoot Finance Ltd to offer loans against the security of gold Exchange Traded Funds", "CRISIL: India's leading Ratings, Research, Risk and Policy Advisory Company", https://www.icra.in/Rationale/ShowRationaleReport/?Id=34961&Title=ICRA%20assigns%20[ICRA]AA%20(Stable)%20and%20[ICRA]A1^;%20ratings%20to%20the%20enhanced%20bank%20facilities%20of%20Muthoot%20Finance%20Limited&Report=Muthoot%20Finance%20-R-19042017.pdf, "Indians hoard 20k tonnes gold worth record $1.16 trn", "Muthoot Finance raises 1.57 bln rupees from PE funds", "Muthoot Finance listed on BSE at Rs. [5] Muthoot Finance is also the highest-credit-rated gold loan company in India, with a credit rating of AA (CRISIL) and AA (ICRA) for its long-term debts and P1+ (CRISIL)[6] & A1+ (ICRA)[7] for its Short Term Debt Instruments. K R Bijimon, CGM - The Muthoot Group, presenting Hero ISL Muthoot Group Fair Play Award – 2016 trophy to Chennayin FC Co-Owners -Abhishek Bachchan & Vita Jalaj Dani at the closing ceremony of Hero ISL at Kochi on 18th Dec., 2016 Blood Donation Camp at Corporate Office- Over 100 employees volunteered to donate blood 180", "3 Kerala companies have more gold than Sweden, Singapore, Australia - Times of India", "ICRA - A Moody's Investor Services Company", "Muthoot Group Expands Money Transfer operations in Punjab", "Muthoot Vehicle Asset Finance and Axis Bank tie up", "Innovative software solutions provider powered by The Muthoot Group", "Muthoot M George Foundation announced the launch of Muthoot M George Excellence Scholarships =Business Standard", "All women forest patrolling team in Periyar Tiger Reserve- Women's Day", "Muthoot Group partners with UST Global for digital transformation", https://en.wikipedia.org/w/index.php?title=The_Muthoot_Group&oldid=992083604, Financial services companies established in 1887, Articles with dead external links from February 2018, Articles with permanently dead external links, Creative Commons Attribution-ShareAlike License, Muthoot Global Money Transfers is based out of, This page was last edited on 3 December 2020, at 11:57. See the logo of the company and you can read about the CSK IPL Team here. [12], Muthoot started offering loans backed by gold jewellery as collateral in 1971. Ltd.[16]. [9][10] Later in 2011, Muthoot Finance publicly listed its shares on the two biggest stock exchanges in India National Stock Exchange of India and Bombay Stock Exchange. Accountant cum JRE at The Muthoot Group Bengaluru, Karnataka, India 43 connections. [15], The Wealth management services division of the group is associated with insurance ranging from life insurance to medical, ULIPs, etc. Founded in 2008 as the Delhi Daredevils, the franchise is jointly owned by the GMR Group and the JSW Group.The team's home ground is Arun Jaitley Stadium, located in New Delhi.. Despite such challenging situations, The Muthoot Group continued to grow and expand as a result of the sheer will, di… To get instant Gold Loan, Call 1800 313 1212. Established in 2006, Chennai Live is the first talk radio station in India and is the leading English radio channel in Chennai. [citation needed] The Trust is engaged in various activities such as Disaster Relief, Community Development and Social Welfare. Facebook Twitter Linkedin EMail. Since its formation, the company, under the leadership of its key management - Shri M G George Muthoot (Chairman), Shri George Alexander Muthoot (Managing Director), Shri George Thomas Muthoot (Jt. Muthoot MD’s family, workers spar after attack; govt blames management for mess Muthoot Group MD George Alexander was rushed to hospital after the attack. We will communicate you only through the mail ID mails@muthootgroup.com. Muthoot Finance is the Largest Gold Loan NBFC in India. It also provides several community health programmes that fall under the healthcare division of Muthoot Group. Shri. 40,000 + Staff Strength. The company offers Equity & Currency trading, Online trading, Portfolio Management Services, Depository services, Mutual funds, PAN card services and Market Research. Stocks to watch today on December 11: Kotak Mahindra Bank, TCS, Bank of Baroda, Muthoot Finance, Coal India, United Spirits among others … Business Owners, Entrepreneurs and Startups. Founders - Muthoot Ninan Mathai & Muthoot Pappachan. Muthoot Fincorp Ltd., the flagship company of Muthoot Pappachan Group, is one of the largest NBFCs in India, registered with the Reserve Bank of India. Sanskara School, Infopark, Kochi: Commenced operations in 2016. Paul George Global School, New Delhi: Commenced operations in 2015. The Muthoots are one of the wealthiest business clans in Kerala, a communist-ruled state not known for being business-friendly. [11] In terms of market capitalisation, Muthoot Finance Ltd is the second largest company in Kerala, first being Federal Bank. The Muthoot Finance group, which began as a chit fund company, has diverse financial interests and hundreds of its branches are spread across the country. Muthoot Finance has the largest gold loan portfolio in India among NBFCs. 800 Years of Family Business Legacy. At present, there are 12 specialities and 7 Super Specialities. The village was geographically handicapped and devoid of all prerequisites for starting and expanding a business such as - mobility, land, resources, industry and favourable market conditions, etc. Muthoot Finance falls under the category of systematically important non-banking financial company(NBFC) of the RBI guidelines. George Muthoot, Chairman of The Muthoot Group spoke to BW|Businessworld’s Sapna Bhardwaj on his budget expectation Read More Expectations on the forthcoming budget by Shri M.G. [5], Incorporated in 2013, Muthoot Homefin (India) Limited is a Housing Finance company (HFC) registered with the National Housing Bank. [8], In 2010, Muthoot Finance sold 4% of its shares in a private equity round to Barings Bank and Matrix Partners, raising ₹157 crore (US$34.33 million). Company profile for Muthoot Finance Ltd. including key executives, insider trading, ownership, revenue and average growth rates. The group plans to diversify its foreign operations to Singapore, Germany and other GCC countries in future. Police recover stolen cash . In 2001, the company was renamed to Muthoot Finance. Safe and Secure Processes. [19][20] Xandari River Escapes has been given a five star rating by Trip Advisor. Muthoot Finance, according to the IMaCS Research & Analytics Industry Reports [Gold Loans Market in India, 2009 and the 2010 update to the IMaCS Industry Report 2009], is the largest Gold Loan NBFC and has the largest network of branches for a gold loan NBFC in India. The school operates under the Central Board of Secondary Education, The group formed a dedicated venture – Muthoot Alternate Energy Resources and started a Wind Energy Project in 1993 with wind farms located in Muppandhal village in Kanyakumari district, Tamil Nadu. The Muthoot Group has been the main sponsor of the team, with the branding on the t-shirt chest of the Jerseys. Tata group: The Tatas in the Supreme Court opposed as "nonsense" the Shapoorji Pallonji Group's proposal that its 18.37% stake in the Tata Sons, which it … Do not respond to such mails. We are India's No.1 - Most Trusted Financial Services Brand, according to the Brand Trust Report 2019, 2018, 2017 & 2016 consecutively. The company has more than 4,500 branches spread across 29 states and union territories of India. DB Alumni Group (Unofficial) DB Alumni Group (Unofficial) Pharma SFE. Muthoot Institute of Science & Technology, Kochi: Commenced its first academic year in 2013. Company Headquarters is in Kochi, Kerala, India. [22], The Muthoot Group operates this division on a large scale. Their client list includes US companies such as ARC group, PA, Court Port LLC, SVM, JAL International. Outside India, Muthoot Finance is established in the UK, the US, and the United Arab Emirates. The total gold holdings among individuals is estimated to be more than 20,000 tonnes. The company is now managed by the third and fourth generation of its family members. Muthoot Group operates in 29 states in India, and has presence in Nepal, Sri Lanka, US, UK and UAE. The division also undertakes a number of eco-friendly initiatives.[23]. Avail from 5,330+ Branches. Among individuals is estimated to be more than 4,500 branches spread across 29 states in India. 23! Largest gold Loan NBFC in India among NBFCs for Urban English music Muthoot became., JAL International over 6 million and serves around 80,000 customers a day loans by... 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