[5], Incorporated in 2013, Muthoot Homefin (India) Limited is a Housing Finance company (HFC) registered with the National Housing Bank. The infrastructure division has residential and commercial projects in South India.[21]. In 1939, M. George Muthoot created a partnership firm under the name of Muthoot M. George & Brothers (MMG). It also provides several community health programmes that fall under the healthcare division of Muthoot Group. Already, Nandanam Metro station has been painted red with Muthoot group’s name next to the station name. Lucknow. 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. Report this profile ... Business Owner at Sundew Properties Bangalore Urban. 5,330 + The company has signed a partnership agreement with UST Global to expand its business into digital. It was established in 2002. View detailed 533398.IN description & address. 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. The total gold holdings among individuals is estimated to be more than 20,000 tonnes. Despite such challenging situations, The Muthoot Group continued to grow and expand as a result of the sheer will, di… 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'. [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. 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). Paul George Global School, New Delhi: Commenced operations in 2015. 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. Sonika Tiwari Accounts Executive at The Muthoot Group. The family has interests in various sectors of business varying from Financial Services to Media. The Muthoot Group company Chairman name is M G George Muthoot. To get instant Gold Loan, Call 1800 313 1212. They carry out the sales of these bars and coins through more than 4250 branches of Muthoot Finance. UAE operations commenced in 2002, UK operations started in 2007 and US in 2010. Company Headquarters is in Kochi, Kerala, India. The Muthoot family is one of the foremost business houses in South India. The company has recently started its operations in US with a subsidiary in the Philadelphia region. 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. 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. Established in 1939, The plantations grow cardamom, tea, coconut and rubber. 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. Ajay Chaudhary. The group was founded by Muthoot Ninan Mathai, M.G. [22], The Muthoot Group operates this division on a large scale. 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. The securities brokerage business of the group is undertaken through the subsidiary Muthoot Securities. Their client list includes US companies such as ARC group, PA, Court Port LLC, SVM, JAL International. Sonika Tiwari. 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. Muthoot Institute of Science & Technology, Kochi: Commenced its first academic year in 2013. Shri M. G. … [11] In terms of market capitalisation, Muthoot Finance Ltd is the second largest company in Kerala, first being Federal Bank. The division also undertakes a number of eco-friendly initiatives.[23]. The Muthoots are one of the wealthiest business clans in Kerala, a communist-ruled state not known for being business-friendly. 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 founder of the Muthoot Group was Muthoot Ninan Mathai, from whom the business house was later taken over by his son, M. George Muthoot. 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'. 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. Fast and Hassle-Free Process. his condition is stable now. 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. This 300 bedded hospital is situated in the heart of Pathanamthitta. 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]. Today, Muthoot Finance has a customer base of over 6 million and serves around 80,000 customers a day. George Muthoot, Chairman, The Muthoot Group Read More MMG was a chit fund based out of Kozhencherry. As of 2009, it was the largest non-banking financial company issuing gold-backed loans. 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. 40,000 + Staff Strength. The Muthoot Group The Muthoot Group is founded in 1887 by Muthoot Ninan Mathai. Shri. It offers information technology services, product engineering, business process outsourcing services and consultancy services to local as well as global clients. Accountant cum JRE at The Muthoot Group Bengaluru, Karnataka, India 43 connections. It operates over 65 business centres in Kerala, Tamil Nadu, Andhra Pradesh and Karnataka. St George's School, New Delhi: It was founded in 1930. The company's headquarters are located in Kerala, India, and it operates over 4,400 branches throughout the country. The Reserve Bank of India classifies it as a Deposit taking Asset Finance Company. It is owned and managed by the Muthoot family. See the logo of the company and you can read about the CSK IPL Team here. [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). Muthoot Finance Ltd Sanctions loans only against pledge of gold ornaments. It has interests in financial services, information technology, media, healthcare, education, power generation, infrastructure, plantations, precious metal, tourism, and hospitality. Muthoot Group operates in 29 states in India, and has presence in Nepal, Sri Lanka, US, UK and UAE. Muthoot Homefin has a long-term credit rating of AA- (ICRA) and a short-term rating of P1+ (ICRA)[13]. Business Owners, Entrepreneurs and Startups. The group manages assets of over $4.5 billion. The company was established in 1993. Delhi Daredevils IPL 2011–2013. Dhanam (Wealth), a business magazine in Kerala, also rated Muthoot as one of the foremost business families of Kerala.[3]. The group provides tours and travel services through the brand Travel Jango (earlier known as Travel Smart). The company has more than 4,500 branches spread across 29 states and union territories of India. The company was set up by Muthoot Ninan Mathai in 1887 at Kozhencherry, a small town in the erstwhile Kingdom of Travancore (Kerala). Muthoot Fincorp has over 3600 branches across India with an average walk in of over 1,00,000 customers per day. The company has its Corporate Office in Mumbai, and operates primarily in the Western and Central states of India. Company profile for Muthoot Finance Ltd. including key executives, insider trading, ownership, revenue and average growth rates. In 2014, the group also acquired a majority stake in a Microfinance company operating under the brand name Belstar Investments. The family traces its roots to Thevervelil Family in the small town of Kozhencherry in Central Travancore. 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. Outside India, Muthoot Finance is established in the UK, the US, and the United Arab Emirates. 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. Muthoot Finance Ltd. is an Indian financial corporation and the largest gold loan NBFC in the country. The Delhi Capitals are a franchise cricket team that represents the city of Delhi in the Indian Premier League (IPL). 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 company operates primarily in South India. Expansion into other regions of the US and The Middle East is planned. Password Protected. 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 View detailed MUTHOOTFIN.IN description & address. The Muthoot Group has been the main sponsor of the team, with the branding on the t-shirt chest of the Jerseys. 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. Ltd.[16]. 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. M.G. [citation needed] The Trust is engaged in various activities such as Disaster Relief, Community Development and Social Welfare. We will communicate you only through the mail ID mails@muthootgroup.com. In 1971, the firm was renamed as Muthoot Bankers, and started to finance loans using gold jewellery as collateral. [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. The group manages four luxury hotels operating under the brand name of Xandari, in Thekkady, Marari Beach, Fort Kochi and Alajuela, Costa Rica. Muthoot Finance falls under the category of systematically important non-banking financial company(NBFC) of the RBI guidelines. Muthoot Fincorp Ltd. 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. 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. This was announced on the afternoon of Tuesday, February 20 George Muthoot George, Asian investor and owner of a business in the country. 800 Years of Family Business Legacy. [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. [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. 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. The company is now managed by the third and fourth generation of its family members. The Muthoot Group is an Indian multinational conglomerate headquartered in Kochi, Kerala. Muthoot Fincorp has over 3600 branches across India with an average walk in of over 1,00,000 customers per day. The school operates under the Central Board of Secondary Education Sanskara School, Infopark, Kochi: Commenced operations in 2016. The family traces its roots to Thevervelil Family in the small town of Kozhencherry in Central Travancore . As of December 2012, the school has a staff strength of 130 teachers and student strength over 3000. The profit for the group, Muthoot Finance contributed INR 2,993 crores and subsidiaries, INR 176 crores current year. [3] It has interests in financial services, information technology, media, healthcare, education, power generation, infrastructure, plantations, precious metal, tourism, and hospitality. For the past 133 years, the company has been providing trusted services to over 2.5 lakh people daily. Incorporated in 1992, Muthoot Vehicle & Asset Finance is a public company engaged in providing vehicle loans. Not a client? 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. 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)"). 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 Muthoot Group is an Indian multinational conglomerate headquartered in Kochi, Kerala. Muthoot Housing & Infrastructure, formerly known as Muthoot Builders, was established in 1990. The company offers Equity & Currency trading, Online trading, Portfolio Management Services, Depository services, Mutual funds, PAN card services and Market Research. 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. Muthoot Group operates Chennai Live 104.8 Fm[18] that focuses on the growing demand for urban English music. The group operates a chain of multi-speciality hospitals and a network of specialty clinics and diagnostic centres. The Muthoot Group has many different types of industries, from finance to hospital and in sports CSK. Muthoot Group operates in 29 states in India, and has presence in Nepal, Sri Lanka, US, UK and UAE. Police recover stolen cash . East Delhi. Muthoot Finance is the Largest Gold Loan NBFC in India. 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