He soon went on to become the largest player in Chits & Gold Loans. The Muthoot Group eyes a new Banking Licence. These wholesale goods were mainly supplied to the large Estates owned by British Companies. M. George Muthoot, founded the Gold Loan business in 1939. Shri M. George Muthoot Founder Chairman - Banking 4 th Feb 1911 - 31 st Jan 1993. 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. Royal Challengers Bangalore (RCB) was the last team to get a title sponsor for the 13th edition of the Indian Premier League (IPL 2020). The Muthoot Group, which has a household bequest of 800 years, was founded modish 1887 beside behind Shri Ninan Mathai Muthoot, to the same extent a modest trading transaction into the unlikely village of Kozhencherry clothed in Kerala. Research Reports; Talk & Events; Skilling Programs; Contact Us. Later, understanding the unmet saving needs of the estates workers, Mr. Ninan Mathai, started the Chit Funds business on a philanthropic motive, as an avenue for saving. Director),Poothicottu, Mepral. Shri. Aley was married to Oommen, Kochupurackal, Kottayam and Mariya to Kuruvila Varkey(Reg. Muthoot Finance launches its first ever white label ATM, a landmark development to revolutionize financial inclusion and financial services in India. 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 Muthoot Pappachan Group strives to take the world forward and with perseverance, commitment and sincerity, the possibilities are infinite! The Muthoot Group shoulders the responsibility of standing up to the image that it has created for itself over the last 800 years. 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 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 … George Alexander Muthoot addressed the gathering at the Indian Business Conference held at Columbia Business School. Despite this, Muthoot Ninan Mathai and his family managed to grow the business. Ninan Mathai: Birthdate: estimated before 1944 : Death: Immediate Family: Father of M. George Muthoot; M. Mathew Muthoot and M. (Pappachen) Thomas Muthoot Brother of Muthoot Ninan Geevarghesei. Ninan Mathai Muthoot , the group is the largest financial group of its kind in India. Shri Ninan Mathai Muthoot Founder - Muthoot Group 5 th Feb 1873 - 25 th Nov 1955. Functioning out of a single office in Kozhencherry, Muthoot Ninan Mathai entered the gold loan business in the 1950’s. The story of Muthoot Gold Loan dates back to over seven decades, when a trading business was established by Shri. The following are the founding principles that make the core values imbibed and reflected in our culture, operations and agendas: Shri Ninan Mathai MuthootFounderThe Muthoot GroupBorn : 5th Feb, 1873, Shri M George MuthootFounder Chairman Banking,The Muthoot GroupBorn : 4th Feb, 1911, © 2020 Muthoot Group. Even today, people from across the state are happy to come to Kozhencherry for gold loans & chits. Our experience that not only spans through years but also generations helps us understand the dynamics of ever changing market conditions and constantly evolving business environments. M G George Muthoot Honoured with the Kerala State Business Excellence Award and GJTCI Excellence Award, Muthoot M George Excellence scholarships launched in Andhra Pradesh, Asian Sustainability Leadership Award & Asian BFSI Award. He can speak about 11 languages. Within India Outside India. Muthoot Microfin Ltd. 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 … Within India Outside India. Muthoot Finance Ltd., the flagship company of The Muthoot Group was founded in 1939, by Shri M. George Muthoot. Thank you for showing interest in Muthoot. 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 … I authorize Muthoot Pappachan Group & all its group companies (including its Agents / representatives) to call / communicate with me on their product offerings / promotions through Telephone / Mobile / SMS / email ID. 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. He loves reading newspaper and autobiographies. After completing his army service, he returned to Kozhencherry in 1925 and established a new partnership firm along with his father (Muthoot … He loves reading newspaper and autobiographies. 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. Shri Ninan Mathai Muthoot Founder The Muthoot Group Born : 5 th Feb, 1873. The Muthoot Group, which has a household bequest of 800 years, was founded modish 1887 beside behind Shri Ninan Mathai Muthoot, to the same extent a modest trading transaction into the unlikely village of Kozhencherry clothed in Kerala. It was here that Muthoottu Ninan Mathai started trading in grains and timber, laying the foundation for the House of Muthoottu. Though the different Muthoot Groups are into the same businesses, there exists an excellent relationship as well as a healthy competition among the cousins.The three sons of Late Muthoot Pappachan are Thomas John Muthoot (Chairman & Managing Director) Thomas George Muthoot (Director) & Thomas Muthoot (Executive Director) who presently manage the Group. These wholesale goods were mainly supplied to the large estates owned by British Companies. Muthoot Capital Services Ltd. Shri Ninan Mathai Muthoot Founder - Muthoot Group 5 th Feb 1873 - 25 th Nov 1955. Muthoot Group - the only sponsor to launch a Gold Coin for its team, Business Leadership’ for the year 2012 at Golden Peacock Awards, TIMES OF INDIA award for Excellence in Bussiness, Awards to "Shri M.G. “People from all over Kerala came to avail of these facilities like chit funds and gold loans,” says Thomas John Muthoot. Ninan Mathai Muthoot then moved into the gold loans business, which became an instant hit. He can speak about 11 languages. 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. Ninan Mathai Muthoot in 1887. 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