Ninan Mathai Muthoot then moved into the gold loans business, which became an instant hit. Muthoot M. Ninan who established the Muthoot... More. 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. Shri Ninan Mathai Muthoot Founder The Muthoot Group Born : 5 th Feb, 1873. 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. Even today, people from across the state are happy to come to Kozhencherry for gold loans & chits. Ninan Mathai Muthoot in 1887. The Muthoot Group was founded in 1887 by Late Shri Ninan Mathai Muthoot in the remote village of Kozhencherry in Kerala. 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. Dr. George Kurien Muthoot Founder Medical Director 2 nd Dec 1941 - 1 st June 1989. It was here that Muthoottu Ninan Mathai started trading in grains and timber, laying the foundation for the House of Muthoottu. Today, The Muthoot Group has established for itself a formidable reputation and has garnered the trust of millions of customers. Mathai Ninan Muthoot (Baby) belongs to the Thevervelil family based at Kozhencherry.... More. The Muthoot brand umbrella comprises of over 20 very different and very diverse industries. Ninan Mathai traded in timber and food grains, supplying rations to large British-run plantations. MANAGEMENT. After completing his army service, he returned to Kozhencherry in 1925 and established a new partnership firm along with his father (Muthoot … The Muthoot Group is a business house based in India. Muthoot Ninan Mathai managed the family business of contract timber in the Kingdom of Travancore. The company provides financial services to consumers, businesses, hospitality, automotive dealerships, real estate, healthcare, IT services, … 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 brand umbrella comprises of over 20 very different and very diverse industries. June 11, 2020 June 11, 2020 Web Admin. 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. Managed by: Private User Last Updated: November 7, 2014 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. He can speak about 11 languages. His all-time favorite book is Mahatma Gandhi’s My Experiments With Truth. His is the grandson of Ninan Mathai Muthoot who was the founder of the Muthoot Group. Since the time Muthoot Pappachan branched … Sri. 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 … Shri. 785 likes. 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 . Search . The sons of Muthoot Ninan Mathai were involved in the business since childhood and Late. M. George Muthoot was born to Muthoot Ninan Mathai on 4 February 1911 in Kozhencherry, a small town in South Kerala. 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. In the year 1920, due to a stroke of misfortune, he sustained heavy loss in the business and became insolvent. Muthoot. The story of Muthoot Finance dates back to over seven decades, when a trading business was established by Shri. Shri Ninan Mathai Muthoot Founder - Muthoot Group 5 th Feb 1873 - 25 th Nov 1955. 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. Ninan Mathai Muthoot, the group is the largest financial group of its kind in India. Mr. Mathew M. Thomas popularly known as Muthoot Pappachan contributed immensely in growth along with his father and brothers. 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. Almost 5 decades later, his son, 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. The sons of Muthoot Ninan Mathai were involved in the business since childhood and Late. In the year 1920, due to a stroke of misfortune, he sustained heavy loss in the business and became insolvent. He was married to Amini George Muthoot and had seven children who now manage the Muthoot Group. The Group takes its name from the Muthoot Family based in Kerala. The Muthoot Group operates in 21 states in India, and has a customer base of over 25 million. 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. 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, 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 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 … About Muthoot Group; About Muthoot Global; Management Profiles; What we do . 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. Meanwhile, M. George joined the Indian army. He soon went on to become the largest player in Chits & Gold Loans. Functioning out of a single office in Kozhencherry, Muthoot Ninan Mathai entered the gold loan business in the 1950s. Late M. Ninan who was the eldest son of late Kunju Mathai was only 10 years old when his father became insolvent. Muthoot Finance has its roots in a wholesale grains and timber trading business started by Muthoot Ninan Mathai in 1887. Shri M. George Muthoot Founder Chairman - Banking 4 th Feb 1911 - 31 st Jan 1993. 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 … “People from all over Kerala came to avail of these facilities like chit funds and gold loans,” says Thomas John Muthoot. M. George Muthoot, founded the Gold Loan business in 1939. Products/Schemes. George's grandfather, in 1887. The story of Muthoot Gold Loan dates back to over seven decades, when a trading business was established by Shri. He loves reading newspaper and autobiographies. sTRENGTH. Shri M George Muthoot Founder Chairman Banking, The Muthoot Group Born : 4 th Feb, 1911. 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 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. Paul George Global School, New Delhi Sanskara School, Kochi Walk-through Branch locator. Within India Outside India. About Muthoot Group; About Muthoot Global; Management Profiles; What we do. 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. M. George Muthoot, founded the Gold Loan business in 1939. The group was founded by Muthoot Ninan Mathai, M.G. Muthoot Finance is a “Systemically Important Non-Deposit Taking NBFC” (NBFC-ND-SI) headquartered in the south Indian state of Kerala. He was doing provision shop business at Kozhencherry. 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 Kunju Mathai is the father of the late four brothers viz M. Ninan, M. George, Mathew and Pappachan. The founder had four sons, all of whom worked in the business from a young age. 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. 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. His father founded the financial services of the group. Paul M. George Executive Director 27 th Oct 1976 - 21 st Aug 2009. He was married to Ammini George Muthoot and had seven children, who now manage the Muthoot Group. In 1950s, Muthoot Ninan Mathai entered the gold loan business and he went on to become the largest player in Chits & Gold Loans. Ninan Mathai Muthoot in 1887. Almost 5 decades later, his son, Shri. The Muthoot Group. 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 … Shri. He loves travelling and reading books. 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. Ninan Mathai Muthoot , the group is the largest financial group of its kind in India. 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 … 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 … Muthoot Ninan Mathai managed the family business of contract timber in the Kingdom of Travancore.Meanwhile, M. George joined the Army of India. We offer superb rates with effective from... More. 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. It is wholly owned and managed by the Muthoot Family. 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. 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