Muthoot takes its name from its Family, which is a branch of a traditional Orthodox Christian family, based in Kozhencherry, a small town in the erstwhile primary state of Travancore (Kerala). The Muthoot Group eyes a new Banking Licence. The Late Muthoot Ninan Mathai had four sons, Ninan Mathew, M. George, M. Mathew and Mathew M. Thomas (Muthoot Pappachan) who were involved in the business from their childhood and later took over the family business. Patron Founder (1873 - 1955) A simple and devout man Ninan Mathai Muthoot espoused a nine point formula that stood by him in realising his goals. Thank you for showing interest in Muthoot. 2. Shri. Mr. George Alexander Muthoot, MD, Muthoot Group, talks to BusinessWorld, International Nurses Day was celebrated at MGMMMCK,Kozhencherry, Medical camp conducted at Mar Thoma Church Auditorium, Kuzhikkala, Muthoot Group Launches Instant Domestic Money Transfer (DMT) Services By Joining IMPS Network. 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. Avinash Muthoot Finance Project... [jlk9rxq50345]. Despite this, Muthoot Ninan Mathai and his family managed to grow the business. He loves travelling and reading books. He was married to Amini George Muthoot and had seven children who now manage the Muthoot Group. It was here that Muthoottu Ninan Mathai started trading in grains and timber, laying the foundation for the House of Muthoottu. His father founded the financial services of the group. The Late Muthoot Ninan Mathai had four sons, Ninan Mathew, M. George, M. Mathew and Mathew M. Thomas (Muthoot Pappachan) who were involved in the business from their childhood and later took over the family business. The company’s overall history evolved for a period of 70 years since M George Muthoot (the father of the promoters) formed a gold loan business in 1939 under the heritage of a trading business incorporated by his father Ninan Mathai Muthoot in 1887. ” Muthoot Finance’s operating history has evolved over a period of 70 years since M George Muthoot (the father of our Promoters) founded a gold loan business in 1939 under the heritage of a trading business established by his father, Ninan Mathai Muthoot, in 1887. Muthoot Diagnostic centre receives ISO 9001:2008 Certification, Muthoot launches its CSR initiative “Muthoot Snehasraya” to spread awareness, Saffron Route to host its first education fair for students, Muthoot Group ties up with Burlington Group, Muthoot Finance Ltd successfully completes its Institutional Placement Program, Muthoot Finance launches 37th ATM in Bangalore. The family partition took place in the year 1979 which led to the Genesis of Muthoot Pappachan Group (MPG), the founder of who was the Late Mathew M Thomas popularly … 7th International Conference on CORPORATE SOCIAL RESPONSIBILITY at the Dubai Global Convention 2012. Royal Challengers In the year 1887, Muthoot Ninan Mathai (Patron Founder of the group), started as a retail and wholesale trader of grains at Kozhencherry. Aims to open100 ATMs in Karnataka region by end of 2014, Budget Should Give Policy Directions & Accelerate Growth’. Almost 5 decades later, his son, Shri. Research Reports; Talk & Events; Skilling Programs; Contact Us. Over the years, the Muthoot Pappachan Group has grown to become a significant entity in the Indian business landscape. 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. Mathai George Muthoot Junior. The Muthoot brand umbrella comprises of over 20 very different and very diverse industries. The Late Muthoot Ninan Mathai had four sons, Ninan Mathew, M. George, M. Mathew and Mathew M. Thomas (Muthoot Pappachan) who were involved in the business from their childhood and later took over the family business. The Late Muthoot Ninan Mathai had four sons, Ninan Mathew, M. George, M. Mathew and Mathew M. Thomas (Muthoot Pappachan) who were involved in the business from their childhood and later took over the family business. In the year 1887, Muthoot Ninan Mathai (Patron Founder of the group), started in a humble way as a retail and whole-sale trader of grains at Kozhencherry. The founder had four sons, all of whom worked in the business from a young age. In 2001 the company obtained the license from RBI to function as an NBFC. Shri. Initially, it was started solely for the workers, but later was floated outside the estate. ... 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