Muthoot Group Chairman MG George Muthoot passes away

NEW DELHI: The Chairman of The Muthoot Group, M G George Muthoot passed away in the national capital on Friday evening. Under his leadership, the Muthoot Group has widened the scope of its operations and is currently a business conglomerate comprising 20 diversified divisions with presence pan India and overseas. Muthoot Finance, the group's flagship company became the largest gold financing company in India and the first-ever NBFC to join the 'Rs 1000 crore net profit club' also under the leadership of M G George Muthoot. Under him, The Muthoot Group expanded to over 5,500 branches across the world and over 20 different businesses. (IANS)

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