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The group takes its name from the Muthoot Family based in Kerala. The company was set up by M. N. Mathai (who goes by N. Mathai Muthoot) in 1887 at Kozhencherry , a small town in the Kerala . It was then later taken over by his son M George Muthoot , who incorporated the finance division of the group, which was until then primarily involved in ...
Muthoot Pappachan Group, also known as Muthoot Blue, is an Indian 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.
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The group has various interests in sectors such as financial services, plantations, media, hospitality, healthcare, education, power generation, infrastructure and money remittance. Alexander Muthoot is the President of the Association of Gold Loan Companies, an industry lobby formed by the Gold Loan companies in India, [ 5 ] and is also the Ex ...
Muthoot's first job was as an office assistant in the family's bank. In 1979, he became managing director of the bank. He was appointed chairman of Muthoot Group in February 1993. [citation needed] At the time he took over the operations at Muthoot, the Group had 31 branches in four states, namely Kerala, Delhi, Chandigarh, and Haryana.
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On December 1, 1961, the House Un-American Activities Committee (HUAC) published a 288-page book entitled Guide to Subversive Organizations and Publications. [1] This massive list, annotated with notes documenting the first official government mention of alleged communist affiliation, superseded a very similar list published on January 2, 1957. [1]