16 Facts About Muthoot Group

1.

Muthoot Group is an Indian multinational conglomerate headquartered in Kochi, Kerala.

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2.

Muthoot Group operates in 29 states in India, and has presence in Nepal, Sri Lanka, US, UK and UAE.

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3.

Muthoot Group was set up by Muthoot Ninan Mathai in 1887 at Kozhencherry, a small town in the Kerala.

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4.

Muthoot Group is managed by the third and fourth generation of its family members.

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5.

Muthoot Group Finance falls under the category of systematically important non-banking financial company of the RBI guidelines.

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6.

Muthoot Group Finance has played an instrumental role in organizing and professionalizing gold collateralized loans in India, a concept which emphasizes mobilising household gold jewelry as a channel of credit to borrowers.

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7.

Muthoot Group started offering loans backed by gold jewellery as collateral in 1971.

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8.

Muthoot Group has its Corporate Office in Mumbai, and operates primarily in the Western and Central states of India.

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9.

Muthoot Group Homefin has a long-term credit rating of AA- and a short-term rating of P1+.

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10.

Muthoot Group has been operating for over the past 14 years in the IT sector.

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11.

Muthoot Group has recently started its operations in US with a subsidiary in the Philadelphia region.

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12.

Muthoot Group Hospitals became operational in 1988 and currently operates under the brandname of Muthoot Group Healthcare.

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13.

Muthoot Group manages four luxury hotels operating under the brand name of Xandari, in Thekkady, Marari Beach, Fort Kochi and Alajuela, Costa Rica.

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14.

Muthoot Group provides tours and travel services through the brand Travel Jango.

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15.

The Muthoot Group has been the main sponsor of the team, with the branding on the t-shirt chest of the Jerseys.

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16.

Periyar Foundation set up by Muthoot Group Hotels is based in the town of Thekkady, near the Periyar National Park has undertaken several projects for the conservation of the national park including 'vasantha sena' and a research study along with the National Institute of Advance Studies for the conservation of 'Nocturnal Flying Squirrels'.

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