Muthoot Finance Limited 2009-2010 Annual Report
Annual Report 2009-10
Empowering Lives. Transforming India.
MUTHOOT FINANCE LIMITED
Founder, Late Shri M. George Muthoot
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Contents
01 Empowering Lives. Transforming India. 16 Our Promoters 27 Auditor's Report 34 Schedules 58 Balance Sheet Abstract
A life well lived is a life of fulfilled dreams. For over a century, it has been the endeavour of the Muthoot Group to empower people to achieve their dreams year after year, with renewed vigour, focus and commitment.
12 Performance Snapshot 17 Notice
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14 More about Muthoot 18 Directors' Report 33 Profit & Loss Account 53 Cash Flow Statement
32 Balance Sheet 39 Notes Forming Part of Accounts
1
Annual Report 2009-10
Today, we stand at a historic point in time, a time when India is well poised to become an economic super power. Today, India is a land of young entrepreneurs wanting to make a mark in the global arena. It is a place full of dreamers committed to excelling in their field. It is a country where innovation has become the buzz word. More importantly, we now have an India which is 63 years younger. We are a nation blessed with a pool of young talent who seek, aspire, innovate and have ambitions to achieve success. We at Muthoot Finance Limited, stand committed to playing a part in propelling the growth story of our nation. We stand committed to powering ideas for the future. Muthoot Finance Limited was founded with an aspiration - an aspiration of an enlightened India, an India where everyone has access to credit, an India where financial inclusion is not just a subject of debate but a reality, an India where growth is all encompassing. Muthoot Finance Limited was founded in 1997. Our operating history has evolved over a period of 70 years since Late Shri. M George Muthoot (the father of our present Promoters) founded a gold loan business in 1939 under the heritage of a trading business established by his father, Ninan Mathai Muthoot, in 1887. Muthoot Finance Limited is
Empowering Lives. Transforming India.
MUTHOOT FINANCE LIMITED
Founder, Late Shri M. George Muthoot
“
Contents
01 Empowering Lives. Transforming India. 16 Our Promoters 27 Auditor's Report 34 Schedules 58 Balance Sheet Abstract
A life well lived is a life of fulfilled dreams. For over a century, it has been the endeavour of the Muthoot Group to empower people to achieve their dreams year after year, with renewed vigour, focus and commitment.
12 Performance Snapshot 17 Notice
“
14 More about Muthoot 18 Directors' Report 33 Profit & Loss Account 53 Cash Flow Statement
32 Balance Sheet 39 Notes Forming Part of Accounts
1
Annual Report 2009-10
Today, we stand at a historic point in time, a time when India is well poised to become an economic super power. Today, India is a land of young entrepreneurs wanting to make a mark in the global arena. It is a place full of dreamers committed to excelling in their field. It is a country where innovation has become the buzz word. More importantly, we now have an India which is 63 years younger. We are a nation blessed with a pool of young talent who seek, aspire, innovate and have ambitions to achieve success. We at Muthoot Finance Limited, stand committed to playing a part in propelling the growth story of our nation. We stand committed to powering ideas for the future. Muthoot Finance Limited was founded with an aspiration - an aspiration of an enlightened India, an India where everyone has access to credit, an India where financial inclusion is not just a subject of debate but a reality, an India where growth is all encompassing. Muthoot Finance Limited was founded in 1997. Our operating history has evolved over a period of 70 years since Late Shri. M George Muthoot (the father of our present Promoters) founded a gold loan business in 1939 under the heritage of a trading business established by his father, Ninan Mathai Muthoot, in 1887. Muthoot Finance Limited is