Gives Excellence Award 2017 & cash prizes to students
Bengaluru, August 14th, 2017: Muthoot M George Foundation, the CSR wing of Muthoot Finance Ltd, today felicitated 10th class topper students of 400 government-run schools in the State.
‘Muthoot M George Excellence Awards 2017’ was held today in Bengaluru. Mr. George Muthoot Alexander, Executive Director, Muthoot Group and Mr Babu John Malayil, DGM, Corporate Communications, Muthoot Finance Ltd were present in the function.
Mr. Sobith Bhaskaran, Zonal Manager and other regional managers at Muthoot Finance Ltd, Bengaluru along with parents and teaching community members too were present during the award function.
Each topper received cash prize of Rs. 3,000 along with a certificate duly signed by State Education Officer along with Mr. George Alexander Muthoot, Chairman of Muthoot M George Foundation.
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 District Educational Offices.
Mr. George M Alexander said, “We bestowed scholarships to 400 government school toppers across Karnataka to nurture and encourage the young minds. We remain duly committed to the community with various corporate social responsibilities in the near future.”
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.