Sunday, April 18, 2021

Muthoot Finance: Muthoot Group Chairman George Muthoot’s eyelid slipped from the stairs ..! – Muthoot Group Chairman MG George Muthoot passed away in New Delhi on Friday

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Muthoot Passed Away: Muthoot Group of Companies Chairman Angie George Muthoot has passed away. He breathed his last at his residence in Delhi on Friday night. This is because of slipping from the stairs ..

muthoot finance

Muthoot Group Chairman Passed Away: Muthoot Group of Companies Chairman Angie George Muthoot has passed away. He breathed his last at his residence in Delhi on Friday night. It seems that the reason for this is slipping from the stairs. He is the third generation businessman in the Muthoot family. He is currently the Chairman of the Muthoot Group. His full name is Matthew George George Muthoot. Under his leadership, Muthoot Finance has grown to become the largest gold lender in the country.

He is survived by his wife, Sarah George, and two sons, Executive Director George M. George and Group Director Alexander George. George is the third generation in his family to be chairman of the Muthoot Group. He took over as Managing Director in 1979 and became Group Chairman in 1993.

NG Jart Muthoot Finance, the largest gold jewelery mortgage lender in the country, has 5,000 branches. There are another 550 branches for more than 20 businesses. George Muthoot is a member of the FICCI National Working Committee and the Chairman of the FICCI Kerala State Council. He was ranked 50th in India in 2011, according to Forbes Asia Magazine’s Rich List of India. By 2020, it has improved its ranking to 44th with a fortune of $ 500 billion.

George asked at a young age in his family business. Shortly afterwards, he was elected Muthoot MD in 1979. Muthoot has been the chairman since 1993. During his tenure, the company had a market cap of Rs 51,000 crore. This brings the company’s revenue to Rs 8,722 crore.

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