Saturday, March 27, 2021

Muthoot Finance Gives ‘Salute To Covid-19 Warriors’ In Bangalore


Muthoot Finance launches “Salute to Covid-19 Warriors” project to honor healthcare professionals associated with Covid-19 activities. The project is being implemented in collaboration with Bangalore unit of Indian Medical Association (IMA). The Covid Warriors, who have rendered invaluable service, were selected by a committee headed by IMA, which examined the individual applications of medical professionals.

Muthoot Finance Executive Director, George Muthoot Alexander said “It gives us great pride to honour the true heroes that are working on the frontlines tirelessly to ensure that the health and safety of everyone is safeguarded, we appreciate all the healthcare workers dedication and effort”.

Mr. George Muthoot Alexander, Executive Director, Muthoot Finance presented the Muthoot Awards to 35 Covid Warriors working in the health sector in a function held at IMA Hall Bangalore. The award consists of cash award, certificate and memento. The healthcare workers were felicitated by our guest of honour Dr. Vinay H N President, IMA Bangalore Branch, Dr. Jyothi R Hon. Sec. IMA Bangalore Branch, Dr. Pradeep Kumar K N Hon. Sec. IMA Bangalore Branch, Dr. Srinivasa. S PRO. IMA Bangalore Branch and Muthoot Finance management Mr. George Muthoot Alexander, Executive Director, Muthoot Finance, Mr. J S Hiremath, General Manager-Admin, Muthoot Finance, Bangalore, Mr. Arun Pavithran, Zonal Head, Muthoot Finance, Bangalore.

About Muthoot Finance

Muthoot Finance is the flagship company of The Muthoot Group which has 20 diversified business divisions. With 5000+ branches, the Group serves over 2.5 Lac customers every day. Muthoot Finance is India’s largest gold loan NBFC and India’s No.1 Most Trusted Financial Services Brand, according to the Brand Trusted Report. It is a reputed ‘Systemically Important Non-deposit taking NBFC’. As part of the core business, Muthoot Finance provides loans secured against household gold jewellery at highly affordable rates and amazing product features. Globally, the Group has presence across, USA, UK, UAE, Costa Rica, Nepal and Sri Lanka. In the recently announced financial results for FY21 Q2, Muthoot Finance posted a record Net Profit of Rs. 1,735crs (a 25% growth over FY20 Q2). The Consolidated Assets under Management (AUM) grew by 29% for the same period and stood at Rs. 52,286 Crores. 

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