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Muthoot Pappachan Group, also known as Muthoot Blue, is an India financial services conglomerate founded in 1887 by Ninan Mathai Muthoot. [ 4 ] [ 5 ] [ 6 ] Headquartered in Thiruvananthapuram , Kerala , the group has a workforce of more than 26,000 employees across 4,200 branches in India.
The Muthoot Group is an Indian multinational conglomerate headquartered in Kochi, Kerala. [3] It has interests in financial services , information technology, media, healthcare, education, power generation , infrastructure, plantations , precious metal , restaurant, and hospitality .
The Muthoot family is one of the foremost business houses in South India. The family has interests in various sectors of business varying from financial services to media . The founder of the Muthoot Group was M.N. Mathai (who goes by N. Mathai Muthoot), from whom the business house was later taken over by his son, M. George Muthoot ,.
Muthoot Microfin Limited [5] is an Indian microfinance institution (MFI), headquartered in Kochi. It primarily provides unsecured microloans to women in rural areas. [ 6 ] It is a part of Muthoot Pappachan Group .
Muthoot was married to Sara George Muthoot, who is the Director of St. George’s School in New Delhi. [8] They have three sons. Their eldest son George M. George is the Executive Director of the Group and the youngest son Alexander George who is the Director of the Group. Their second son, Paul Muthoot George, was murdered in 2009. [9]
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Mathai George Muthoot (4 February 1911 – 31 January 1993) was an Indian entrepreneur and businessman, prominent for his pioneering work in the South Indian financial sector. He is the father of M. G. George Muthoot and G. Alexander Muthoot. He, along with his father N. Mathai Muthoot, founded what would later become the Muthoot Group of ...
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