The Muthoot Group
The Muthoot Group is a diversified financial services conglomerate based in India with a legacy spanning over 800 years.
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Description
The Muthoot Group is a large Indian conglomerate with a rich family business legacy spanning over 800 years. Its flagship company, Muthoot Finance, is India's largest gold loan NBFC, serving over 2.5 lakh customers daily through a vast network of over 6700 branches across India. The Group's commitment to financial inclusion is evident in its gold loan schemes, which cater to various segments of society, with loan amounts starting from just ₹1500. The Muthoot Group is recognized for its strong brand trust and has consistently been ranked India's Most Trusted Financial Services Brand by TRA’s Brand Trust Report.
The Muthoot Group’s commitment to ethical business practices and corporate governance is demonstrated through its numerous policies, including a Fair Practices Code, a Code of Conduct, an Interest Rate Policy, a Whistleblower Policy, and a Corporate Governance Report. The Group is also actively involved in various corporate social responsibility initiatives, touching the lives of millions of Indians through projects like 'Muthoot Snehasraya' and 'Muthoot Anbin Nizhal'. These initiatives highlight the Group's dedication to social upliftment and sustainability, making it a responsible and impactful force in India's economic landscape.
Mission
The Muthoot Group's mission is to build leading customer-centric businesses powered by technology while upholding the highest standards of corporate governance and uncompromising values. Their commitment to ethics, reliability, and trust, coupled with their 800-year family business legacy, underscores their dedication to enriching lives and contributing positively to society.
Culture
The Muthoot Group promotes a culture deeply rooted in family values and ethical conduct. They emphasize a history of over 800 years of family business legacy, built on trust, reliability, and integrity. This is reflected in their commitment to financial inclusion, providing services to a broad range of customers, and their focus on building long-term relationships. The company emphasizes ethical practices, transparency, and corporate governance, fostering a culture of dedication and customer-centricity.