Andhra Pradesh State Financial Corporation [APSFC] is a term lending Institution established on 1-11-1956 by merger of Andhra State Financial Corporation and Hyderabad State Financial Corporation.

It was established for promoting small and medium scale industries in Andhra Pradesh under the provisions of the Sate Financial Corporations Act, 1951.

The Corporation has completed six decades of dedicated service in industrial financing of tiny, small and medium scale sector units and contributing to the balanced regional development of the state.

Milestone achievements of APSFC :

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

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

Recovered Rs.15,076.46 crores including interest since inception till 31/03/2017

Established unblemished repayment track record since inception

Has consistent record of earning operating profit throughout its history

Generated direct and indirect employment to about 12.70 lakh persons

Channelled a significant share of assistance of around 70% to tiny and small scale industries

Enjoying 60% of the market share in term lending in promoting First Generation Entrepreneurs in Andhra Pradesh

Corporate Governance-

WVR Murthy, 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-

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