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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 .
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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Muthoot Microfin operates in 18 states with 1,172 branches and over 10,000 employees. [ 20 ] [ 21 ] As of March 31, 2023, Muthoot Microfin has a portfolio size of ₹ 9,200 crore with a borrower base of 2.7 million women entrepreneurs.
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.
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 ...
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