The Muthoot Group. Functioning out of a single office in Kozhencherry, Muthoot Ninan Mathai entered the gold loan business in the 1950s. Muthoot. “People from all over Kerala came to avail of these facilities like chit funds and gold loans,” says Thomas John Muthoot. Muthoot Ninan Mathai managed the family business of contract timber in the Kingdom of Travancore. Shri M George Muthoot Founder Chairman Banking, The Muthoot Group Born : 4 th Feb, 1911. Late Kunju Mathai is the father of the late four brothers viz M. Ninan, M. George, Mathew and Pappachan. Even today, people from across the state are happy to come to Kozhencherry for gold loans & chits. Shri. His father founded the financial services of the group. Turn of the Century…1950’s The Three brothers, M George Muthoot, M Mathew Muthoottu (Founder), M Thomas Muthoot (Pappachen) established the Chit Fund business, providing loans to farmers , traders and needy households. 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 was married to Amini George Muthoot and had seven children who now manage the Muthoot Group. The group was founded by Muthoot Ninan Mathai, M.G. 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. Shri Ninan Mathai Muthoot Founder - Muthoot Group 5 th Feb 1873 - 25 th Nov 1955. In the year 1920, due to a stroke of misfortune, he sustained heavy loss in the business and became insolvent. Sri. His is the grandson of Ninan Mathai Muthoot who was the founder of the Muthoot Group. June 11, 2020 June 11, 2020 Web Admin. The founder had four sons, all of whom worked in the business from a young age. 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 … sTRENGTH. Muthoot Ninan Mathai managed the family business of contract timber in the Kingdom of Travancore.Meanwhile, M. George joined the Army of India. Muthoot Finance has its roots in a wholesale grains and timber trading business started by Muthoot Ninan Mathai in 1887. His all-time favorite book is Mahatma Gandhi’s My Experiments With Truth. M. Mathew Muthoot is the son of late Shri. The split of the family business of gold loans, started by patriarch Ninan Mathai Muthoot in 1887 as a trading firm in Kerala, was without any fuss. This company has evolved over a period of 79 years since M George Muthoot (the father of company promoters) founded a gold loan business in 1939 under the heritage of a trading business established by his father, Ninan Mathai Muthoot, in 1887. 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 … It is wholly owned and managed by the Muthoot Family. The Group takes its name from the Muthoot Family based in Kerala. Muthoot Finance is a “Systemically Important Non-Deposit Taking NBFC” (NBFC-ND-SI) headquartered in the south Indian state of Kerala. The story of Muthoot Gold Loan dates back to over seven decades, when a trading business was established by Shri. The story of Muthoot Finance dates back to over seven decades, when a trading business was established by Shri. It was here that Muthoottu Ninan Mathai started trading in grains and timber, laying the foundation for the House of Muthoottu. 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 provides financial services to consumers, businesses, hospitality, automotive dealerships, real estate, healthcare, IT services, … Shri M. George Muthoot Founder Chairman - Banking 4 th Feb 1911 - 31 st Jan 1993. Ninan Mathai Muthoot in 1887. He soon went on to become the largest player in Chits & Gold Loans. Today, The Muthoot Group has established for itself a formidable reputation and has garnered the trust of millions of customers. Ninan Mathai Muthoot in 1887. Ninan Mathai Muthoot in 1887. He loves reading newspaper and autobiographies. Mr. Mathew M. Thomas popularly known as Muthoot Pappachan contributed immensely in growth along with his father and brothers. 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. The sons of Muthoot Ninan Mathai were involved in the business since childhood and Late. Established in 1887, by Shri Ninan Mathai Muthoot, we have grown tremendously in the past 132 years and have now launched our global operations to serve the rest of the world with our own brand of trust and quality. Mathai Ninan Muthoot (Baby) belongs to the Thevervelil family based at Kozhencherry.... More. In the year 1920, due to a stroke of misfortune, he sustained heavy loss in the business and became insolvent. 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. Time is not measured by the years you live but by the deeds that you do and the joy that you give, and each day as it comes brings a chance to each one to excel, leaving nothing undone. 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. About Muthoot Group; About Muthoot Global; Management Profiles; What we do. He was married to Ammini George Muthoot and had seven children, who now manage the Muthoot Group. Shri Ninan Mathai Muthoot Founder The Muthoot Group Born : 5 th Feb, 1873. MANAGEMENT. We offer superb rates with effective from... More. He can speak about 11 languages. Within India Outside India. Paul M. George Executive Director 27 th Oct 1976 - 21 st Aug 2009. The Muthoot Group was founded in 1887 by Late Shri Ninan Mathai Muthoot in the remote village of Kozhencherry in Kerala. Shri ninan mathai Muthoot Founder The Muthoot Group (1873-1955) dr. G. Kurien muthoot Founder Medical Director (1941-1989) Mr. Paul M. George Executive Director (1976-2009) In Memoriam . 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. Late M. Ninan who was the eldest son of late Kunju Mathai was only 10 years old when his father became insolvent. George's grandfather, in 1887. Products/Schemes. The Muthoot Group operates in 21 states in India, and has a customer base of over 25 million. Ninan Mathai Muthoot, the group is the largest financial group of its kind in India. M. George Muthoot, founded the Gold Loan business in 1939. Muthoot M. Ninan who established the Muthoot... More. Almost 5 decades later, his son, Shri. The Muthoot brand umbrella comprises of over 20 very different and very diverse industries. The family partition took place in the year 1979 which led to the genesis of Muthoot Pappachan Group (MPG – Muthoot Blue), the founder of who was the Late Mathew M … 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). After completing his army service, he returned to Kozhencherry in 1925 and established a new partnership firm along with his father (Muthoot … The Muthoot brand umbrella comprises of over 20 very different and very diverse industries. Shri. 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. Dr. George Kurien Muthoot Founder Medical Director 2 nd Dec 1941 - 1 st June 1989. 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. 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. Muthoot Pappachan Group, also known as Muthoot Blue, is an Indian conglomerate founded in 1887 by Ninan Mathai Muthoot.Headquartered in Trivandrum, Kerala, the group has a work force of more than 26,000 employees across 4,200 branches in India. 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 … Established in 1887, by Shri Ninan Mathai Muthoot, we have grown tremendously in the past 132 years and have now launched our global operations to serve the rest of the world with our own brand of trust and quality. M. George Muthoot was born to Muthoot Ninan Mathai on 4 February 1911 in Kozhencherry, a small town in South Kerala. About Muthoot Group; About Muthoot Global; Management Profiles; What we do . Ninan Mathai Muthoot , the group is the largest financial group of its kind in India. Almost 5 decades later, his son, Shri. M. George Muthoot, founded the Gold Loan business in 1939. The Muthoot Group is founded in 1887 by Muthoot Ninan Mathai.The Muthoot Group has many different types of industries, from finance to hospital and in sports CSK.. Company Headquarters is in Kochi, Kerala, India. Ninan Mathai Muthoot then moved into the gold loans business, which became an instant hit. Since the time Muthoot Pappachan branched … Today the group’s interest covers versatile banking services like Merchant Banking, Corporate and Industrial Financing, Leasing and Hire purchase, and investments in Engineering and Automobile Industries, Tourism, Education and Healthcare sectors. He was doing provision shop business at Kozhencherry. In the year 1887, Muthoot Ninan Mathai (Patron Founder of the group), started in a humble way as a retail and wholesale trader of grains at Kozhencherry. He loves travelling and reading books. 785 likes. The Muthoot Group company Chairman name is M G George Muthoot.See the logo of the company and you can read about the CSK IPL Team here. The Muthoot Group is a business house based in India. Ninan Mathai traded in timber and food grains, supplying rations to large British-run plantations. 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 … 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 … In 1950s, Muthoot Ninan Mathai entered the gold loan business and he went on to become the largest player in Chits & Gold Loans. 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. 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