MD of APSFC

Hi I would like to know about Andhra Pradesh State Financial Corporation [APSFC] as well as its objective and the information about its Corporate Governance?

Andhra Pradesh State Financial Corporation [APSFC] is a term loaning Institution built up in 1956 for advancing little and medium scale businesses 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 enterprise has propelled numerous business person well disposed plans to give term credits, working capital term advances, extraordinary and seed capital help to suit the necessities of different classifications of business people. The Corporation has finished six many years of die hard loyalty in modern financing of minor, little and medium scale division units and adding to the adjusted territorial improvement of the state.

Objective

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

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

Sustains business and energizes original business people

To go about as an impetus for age of business

Corporate Governance

Siddharth Jain, IAS
Managing Director
md@apsfc.com

Jayesh Ranjan, IAS
Joint Managing Director
jmd@apsfc.com

Board of Directors

Shamsher Singh Rawat, I.A.S
Secy. to Govt. Social
Welfare Dept. Govt. Of AP

Kartikeya Misra, IAS
District Collector &
Magistrate, East Godavari,
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
Industrialist

Executive Director

E. Chengalrayulu

Chief General Manager

N. Prasada Rao

General Managers

K.S. Rao

R. Prabhakar Goud

Deputy General Managers

D.Suresam

K.Haribabu

G. Venkateswara Rao

P. Seshadri Sekhar

K.M.K.Prasad

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
Fax: 040-23202972

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