APSFC Full Form - 2018-2019 StudyChaCha

Go Back   2018-2019 StudyChaCha > StudyChaCha Discussion Forum > General Topics

Old September 13th, 2017, 12:17 PM
Posts: n/a
Default APSFC Full Form

Hi I would like to have information about Andhra Pradesh State Financial Corporation (APSFC) as well as its objectives and also the milestones achieved by APSFC?
Reply With Quote Quick reply to this message
Old September 13th, 2017, 12:48 PM
Educhamp's Avatar
Super Moderator
Join Date: May 2011
Location: Delhi
Posts: 38,280
Default Re: APSFC Full Form

Andhra Pradesh State Financial Corporation [APSFC] is a term loaning Institution built up in 1956 for advancing little and medium scale ventures in Andhra Pradesh under the arrangements of the Sate Financial Corporations Act, 1951.The company appeared on 1-11-1956 by merger of Andhra State Financial Corporation and Hyderabad State Financial Corporation. The company has propelled numerous business person neighborly plans to give term credits, working capital term advances, exceptional and seed capital help to suit the necessities of different classes of business visionaries. The Corporation has finished six many years of die hard loyalty in mechanical financing of minor, little and medium scale division units and adding to the adjusted provincial improvement of the state.


To industrialize the State through adjusted local improvement and dispersal of businesses

To help advancement and improvement of little, little and medium scale businesses and administration segment units by stretching out need based credit to them.

Sustains business and energizes original business visionaries

To go about as an impetus for era of business

Accomplishments of APSFC :

So far authorized Rs.18,204.96 crores for 99,469 units in Andhra Pradesh and Telangana as on 31/03/2017

Dispensed Rs.12,565.57 crores to 80,053 units - 65% to Tiny/SSI segment as on 31/03/2017

Recuperated Rs.15,076.46 crores including enthusiasm since origin till 31/03/2017

Built up unblemished reimbursement track record since origin

Has steady record of acquiring working benefit all through its history

Produced immediate and aberrant work to around 12.70 lakh people

Diverted a critical offer of help of around 70% to minor and little scale enterprises

Getting a charge out of 60% of the piece of the pie in term loaning in advancing First Generation Entrepreneurs in Andhra Pradesh

Corporate Governance

WVR Murthy, IAS
Managing Director

Jayesh Ranjan, IAS
Joint Managing Director

Board of Directors

Shamsher Singh Rawat
IAS Secy. to Govt. & CIP Industries &
Commerce Dept. Gov. of AP Kartikeya Misra
IAS Director of Industries & Sugar
Govt. Of AP G.Sampath Kumar
GM, SIDBI, Hyderabad

Deepak Kumar,
DGM, SIDBI, Mumbai

G.Babu Rao
Sr. Divisional Manager,
LIC of India
Koteswara Rao SSR

Chartered Accountant

K. Harish Chandra Prasad

Executive Director

E. Chengalrayulu

Chief General Manager

N. Prasada Rao

General Managers

K.S. Rao

R. Prabhakar Goud

Deputy General Managers



G. Venkateswara Rao

P. Seshadri Sekhar


Y.N. Rajendra Kumar

Rathod Ramsingh

Corporate Office:

Andhra Pradesh State Financial Corporation
5-9-194, PB No:165
Chirag Ali Lane,
Hyderabad - 500001.
Tel. Ph No: + 91 40 23201646, 23202550
Mob: + 91 98665 12503 / 502 / 501
Mail: ho@apsfc.com
Answered By StudyChaCha Member
Reply With Quote Quick reply to this message
Sponsored Links

Other Discussions related to this topic
Full Form Of CG PET
Full Form Of SSC
Full Form Of LDC In SSC
Full Form of VTU
NID Full Form
SRM Full Form In SAP
GRE Full Form
MSW full form
MBA Full Form
Full form of MBA
BBA Course Full Form
MBA HR full form
IFS Full Form
MH CET Full Form
BCA Course Full Form
What is Full form of PET
Full form of ITI
Full form of IIT
Full form of BBA and its mean???
APSFC recruitment

Have a Facebook Account? Ask your Question Here


Reply to this Question / Ask Another Question
Your Name: Click here to log in


Forum Jump

All times are GMT +6.5. The time now is 06:25 AM.

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2018, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO 3.6.0 PL2

1 2 3 4 5 6 7 8 9