History of APSFC

Can you tell me about the objectives of Andhra Pradesh State Financial Corporation [APSFC]? Also provide me the contact details of the Cooperation?

[pawan]

Andhra Pradesh State Financial Corporation [APSFC] is a state level Development Financial Institution established in 1956 for promoting Small and Medium Scale(SMEs) industries in Andhra Pradesh under the provisions of the State Financial Corporation (SFC) Act,1951.

Objectives

To industrialise State through balanced regional development and dispersal of industries

To support promotion and development of tiny, small and medium scale industries and service sector units by extending need based credit to them.

Nurtures entrepreneurship and encourages first generation entrepreneurs

To act as a catalyst for generation of employment

Important Members

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
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
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


Contact Detail:
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