The company was set up by Muthoot Ninan Mathai in 1887 at Kozhencherry, a small town in the erstwhile Kingdom of Travancore (Kerala). It is owned and managed by the Muthoot family. M.G. Today, Muthoot Finance has a customer base of over 6 million and serves around 80,000 customers a day. The company has recently started its operations in US with a subsidiary in the Philadelphia region. 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. In 2001, the company was renamed to Muthoot Finance. Chandran & Raman Chartered Accountants. 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. Their client list includes US companies such as ARC group, PA, Court Port LLC, SVM, JAL International. 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. Delhi Daredevils IPL 2011–2013. ... branch manager at The Muthoot Group A Muthoot M. George Enterprise. 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. Already, Nandanam Metro station has been painted red with Muthoot group’s name next to the station name. 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. Join to Connect The Muthoot Group. his condition is stable now. The school operates under the Central Board of Secondary Education 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. The Muthoot Group is an Indian multinational conglomerate headquartered in Kochi, Kerala. 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 has many different types of industries, from finance to hospital and in sports CSK. Muthoot Fincorp has over 3600 branches across India with an average walk in of over 1,00,000 customers per day. Shri. 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. It is owned and managed by the Muthoot family. Sonika Tiwari. About. The company has its Corporate Office in Mumbai, and operates primarily in the Western and Central states of India. Established in 2006, Chennai Live is the first talk radio station in India and is the leading English radio channel in Chennai. Muthoot Ninan Mathai, patron founder of our group entered the gold loan business in the 1950’s and … 2.5 Lakh + Customers Served Everyday. The profit for the group, Muthoot Finance contributed INR 2,993 crores and subsidiaries, INR 176 crores current year. [2], India Today rated the Muthoot Family among the most influential business houses in Kerala. Company profile for Muthoot Finance Ltd. including key executives, insider trading, ownership, revenue and average growth rates. The company operates primarily in South India. Asia Asset Finance primarily provides loans to small businesses as well as Gold Loans. The Group started as a small trading business enterprise in Kozhencherry, a remote village in the state of Kerala. For the past 133 years, the company has been providing trusted services to over 2.5 lakh people daily. It has interests in financial services, information technology, media, healthcare, education, power generation, infrastructure, plantations, precious metal, tourism, and hospitality. [12], Muthoot started offering loans backed by gold jewellery as collateral in 1971. In 1971, the firm was renamed as Muthoot Bankers, and started to finance loans using gold jewellery as collateral. Lucknow. Muthoot Fincorp has over 3600 branches across India with an average walk in of over 1,00,000 customers per day. The Muthoot Group's Charitable actions/events are all conducted by the Muthoot M George Foundation.[24]. Incorporated in 1992, Muthoot Vehicle & Asset Finance is a public company engaged in providing vehicle loans. The group plans to diversify its foreign operations to Singapore, Germany and other GCC countries in future. The Muthoot Group has been the main sponsor of the team, with the branding on the t-shirt chest of the Jerseys. Muthoot Group operates Chennai Live 104.8 Fm[18] that focuses on the growing demand for urban English music. 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. 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