Subsequently, understanding the unmet saving needs of the estate workers, Mr. Ninan Mathai, started the Chit Funds business with philanthropic motive, as an avenue for saving. Shri. 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. The family has interests in various sectors of business varying from Financial Services to Media. M. George Muthoot, founded the Gold Loan business in 1939. The Muthoot Group. About Muthoot Group; About Muthoot Global; Management Profiles; What we do . The story of Muthoot Finance dates back to over seven decades, when a trading business was established by Shri. He soon went on to become the largest player in Chits & Gold Loans. It was here that Late Muthoottu Ninan Mathai started his business, laying the foundation for the House of Muthoottu. June 11, 2020 June 11, 2020 Web Admin. Shri Ninan Mathai Muthoot Founder The Muthoot Group Born : 5 th Feb, 1873. 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. Search . 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. 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. 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 Finance has its roots in a wholesale grains and timber trading business started by Muthoot Ninan Mathai in 1887. june_2014_ - Free ebook download as PDF File (.pdf), Text File (.txt) or read book online for free. After completing his army service, he returned to Kozhencherry in 1925 and established a new partnership firm along with his father (Muthoot … The public at large is hereby cautioned not to be misled by any such communications received through emails, message or any other communication mode. Sri. 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 founder of the Muthoot Group was Muthoot Ninan Mathai, from whom the business house was later taken over by his son, M. George Muthoot. Paul M. George Executive Director 27 th Oct 1976 - 21 st Aug 2009. MANAGEMENT. These wholesale goods were mainly supplied to the large Estates owned by British Companies. A man, known to adhere to his word, he instilled these values throughout the organization he nurtured. 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. “People from all over Kerala came to avail of these facilities like chit funds and gold loans,” says Thomas John Muthoot. These values still govern every decision in the Group. Headquartered in Trivandrum, Kerala, the group has a work force of more than 26,000 employees across 4,200 branches in India. 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). Shri Ninan Mathai Muthoot Founder - Muthoot Group 5 th Feb 1873 - 25 th Nov 1955. Late M Mathew Muthoottu is the Founder Chairman of the Muthoottu Mini Group. 785 likes. M. George Muthoot, founded the Loan business in 1939. Almost 5 decades later, his son, Shri. The story of Muthoot Finance dates back to over seven decades, when a trading business was established by Shri. The Muthoot brand umbrella comprises of over 20 very different and very diverse industries. These ethics have been a guiding light to the path of his successors and have permeated every strata of the Muthoot Pappachan Group. ERP/Loan Management Product Implementation. Muthoot M. Ninan who established the Muthoot... More. 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. Within India Outside India. https://www.muthootfincorp.com/key-profile/ninan-mathai-muthoot Muthoot Fincorp has over 3600 branches across India with an average walk in of over 1,00,000 customers per day. Ninan Mathai Muthoot Patron Founder (1873 - 1955) A simple and devout man Ninan Mathai Muthoot espoused a nine point formula that stood by him in realising his goals. 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