- The scholarship will be awarded to 10th Std. toppers of Government Schools in Karnataka
- Will cover 400 Government Schools across districts in Karnataka
Bangalore, 25th November, 2014: Muthoot Finance Ltd., India’s largest gold loan company’s Corporate Social Responsibility wing Muthoot M. George Foundation launched its educational initiative ”Muthoot M. George Excellence Awards 2014” for all government schools in Karnataka. The educational initiative is part of one of the Corporate Social Responsibility activities undertaken by the company for FY 15.
The Excellence Award for 2014 was inaugurated and distributed by Dr. Manjunatha, MLA- Mulbagal, Kolar (Karnataka) along with Mr. George Muthoot Alexander, Muthoot, Sr. Vice President – Operations South, Muthoot Finance Ltd. The other officials present during this occasion include Mr. Babu John Malayil, AGM Corporate Communications, Muthoot Finance Ltd., Mr. B Karunakara Shetty, Regional Manager Muthoot Finance Ltd., North Bangalore, and Mr. Mathunny, Sr. Regional Manager Muthoot Finance Ltd., South Bangalore along with PTA Members, Students and Parents.
This scholarship will benefit students of 400 Government Schools and consists of a cash prize of Rs.3000 with a certificate duly signed by Educational Officer and Chairman of Muthoot M. George Foundation. The scholarship award was launched in the year 2010 to the toppers of Government Schools in Kerala, later in 2013; it got extended to Karnataka and Andhra Pradesh. The selection of the scholarships is based on the list of rank-holders prepared out of various Government Schools in consultation with District Educational Offices.
Speaking on this occasion, Shri G Manjunatha said “I am happy to be a part of this event today, I am glad that an institution like The Muthoot Group which has undertaken such an initiative, it truly, depicts their noble objective of doing good for the society, this scholarship program would encourage and motivate our Government school children to excel in their studies in a big way”
Mr. George M Alexander said, “This year we have extended the scholarship to 400 Government Schools in Karnataka as we felt that we should encourage the children from the deprived class who constitute the main student population of Government schools and support them. We will remain duly committed towards the community through various corporate social responsibility initiatives 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 126 years. The formidable business empire comprises 16 divisions including Financial Services, Plantations & Estates, Education, Leisure & Hospitality, Healthcare, Housing & Infrastructure, Infotech, Wealth Management, Money Transfer, Forex, Media, Power Generation, Precious Metals, Securities, Vehicle & Asset Finance, Travel Services, Muthoot Global and Muthoot Money.
Headquartered in Kochi with its Corporate Office in New Delhi, the company has a dominant presence in over 21 States & 4 Union Territories of India. It is also present in USA, UK and UAE.
About Muthoot M George Foundation
Muthoot M. George Foundation is named after Late Shri 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. It also has projects to encourage Medical Research and an environment-friendly life. The activities of the Foundation are broadly divided into four parts as given below:
- Muthoot Environment Research Foundation: To conduct advanced study in Environment preservation & environment-friendly
2) Projects in the public interest
3) Relief & Rehabilitation works during and after Natural Calamities & Disasters
4) Supporting the poor and underprivileged with Medical treatment, Marriage of Girls, Professional education etc.
For More Information, please contact:
Babu John Malayil,
Muthoot Finance Ltd.,
Contact: 0484- 2396478
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