Muthoot M George Foundation felicitates 10th standard toppers of 150 government schools across Mumbai

Gives Excellence Award 2017 & cash prizes to students


Mumbai, August 18th, 2017: Muthoot M George Foundation, the CSR wing of Muthoot Finance Ltd, today felicitated 10th class topper students of 150 government-run schools in Mumbai.

‘Muthoot M George Excellence Awards 2017’ was held today in Mumbai in the presence of Mr. Ramratanam, CEO, Muthoot Home Finance, Mr Babu John Malayil, DGM, Corporate Communications, Muthoot Finance Ltd and Mr. Jacob Koshy, President Bombay YMCA.

Also present during the function were Mr. Paul George, Officiating General Secretary, Bombay YMCA, Mr. Bhaskar Kumar, Secretary, ORD Department and Mr. Ashok Joshi, Chairman ORD Department.

Mr. Venkatramana, Zonal Manager and other Regional Managers of Muthoot Finance Ltd, Mumbai along with parents and teaching community members too were present during the award function.

Each topper received cash prize of Rs. 5,000 along with a certificate duly signed by Education Officer, BMC, along with Mr. George Alexander Muthoot, Chairman of Muthoot M George Foundation.

Mr. Eapen Alexander Muthoot, Executive Director, Muthoot Group said, “We bestowed scholarships to 150 government school toppers across Mumbai to nurture and encourage the young minds.  We remain duly committed to the community with various corporate social responsibilities in the near future.”

The scholarship award was launched in 2010 in Kerala. Later in 2013, it got extended to states of Karnataka, Telangana and Andhra Pradesh. The selection of the scholarship is based on the list of rank holders prepared by various government schools in consultation with BMC Educational Offices.

About Muthoot Group:

The Muthoot Group’s business origins can be traced back to 1887 when it started as a small trading business enterprise in Kozhencherry, a remote village in the state of Kerala. Since its formation, the company, under the leadership of its key management – Shri M.G. George Muthoot (Chairman), Shri George Alexander Muthoot (Managing Director), Shri George Thomas Muthoot (Jt. Managing Director) and George Jacob Muthoot (Jt. Managing Director) has broadened its scale and widened its geographic scope of retail operations.

Today, The Muthoot Group is a multi-faceted business conglomerate that has been serving the nation for over 128 years. The formidable business empire comprises 18 divisions including Financial  Services, Wealth Management, Money Transfer, Forex, Securities, Vehicle & Asset Finance, Media, IT, Healthcare, Housing & Infrastructure, Education, Power Generation, Leisure & Hospitality, Plantation & Estates, Precious Metals, Travel Services, Housing Finance & Overseas Operations.

The Muthoot Group, is today a ‘Financial Supermarket’ providing a bouquet of financial services including Insurance, Foreign Exchange, Money Transfer, Demat Account, Debentures (NCDs), PAN Card, Travel Services, Muthoot ATMs, etc. It also has its presence in USA, UK, UAE, Hong Kong, Sri Lanka and Central America.

About Muthoot M George Foundation:

Muthoot M George Foundation is, named after Late M George Muthoot, the Founder chairman, of the Muthoot Group, and started functioning in the year 1993.

The Foundation’s activities include support to the poor for their medical treatment, marriage of girls & education of children. Also it has projects to encourage Medical Research, and environment friendly life.  The activities of the Foundation are broadly divided into four, as below:

  1. Muthoot Environment Research Foundation:  To conduct advanced study in Environment preservation & Environment friendly growth.
  2. Projects in the public interest
  3. Relief & Rehabilitation works during and after Natural Calamities & Disasters
  4. Supporting the poor and underprivileged in their miseries in the form of Medical treatment, Marriage of Girls, Professional education of their children etc.