Wednesday, October 7, 2020

Muthoot Finance Extends Dialysis Support Project Across Karnataka

Muthoot Finance Ltd, India's largest gold-loan company's Corporate Social Responsibility Wing, Muthoot M George Foundation has extended its Dialysis support project to Karnataka. Company has signed an MOU with Bangalore Kidney Foundation (BKF), an NGO based in Bangalore for supporting patients for their Dialysis.   The official MOU exchange was held at Corporate office, Bangalore between Mr. George M Alexander, Executive Director, The Muthoot Group and Mr. Kartik Sriram, Trustee, Bangalore Kidney Foundation. Mr. George Alexander Muthoot, Managing Director, Mr. George Thomas Muthoot, Joint Managing Director, The Muthoot Group and the CSR committee members have joined this ceremony through video conferencing.

Muthoot M George Foundation, has been involved in the care and assistance activities for Kidney patients for a number of years.  Every year, company has been providing a substantial amount for dialysis & treatment of renal patients.  So far company has provided support for 2 lakh dialysis.  

Speaking on this occasion, Mr. George  M Alexander, Executive Director, Muthoot Finance Ltd. said, "The number of patients undergoing dialysis in India is increasing by 10-15 per cent every year. We believe, our association with BKF will provide additional care & comfort to the financially deprived patients.  We at Muthoot Finance are committed to give back to the society through our various CSR initiatives, we will continue to remain duly committed towards our society with the vision to enhance the quality of life of communities that we serve”. 

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 133 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.

About Bangalore Kidney foundation

Bangalore Kidney foundation is a voluntary organization for helping the treatment of renal failure and kidney diseases of poor and needy people. The trust was established in 1979 and has evolved to become the nodal center for providing quality renal health care at affordable costs to patients across demographic profiles and economic strata. BKF enables patients diagnosed with Chronic Kidney Disease (CKD) to become Self-sustaining and ensures that they are neither perceived as nor are a burden to society.

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