Nabsamruddhi Finance Limited. was incorporated under Companies Act, 1956 on 17 February 1997 and registered as Non Banking Financial Company. Nabsamruddhi Finance Limited was promoted with equity participation from National Bank for Agriculture and Rural Development (NABARD), Andhra Bank, Canara Bank, Govt of Andhra Pradesh, Govt of Telangana, Andhra Pradesh State Cooperative Bank, Telangana State Cooperative Apex Bank and a few Industrial Houses / individuals from the State.
Nabsamruddhi Finance Limited was incorporated with the objective of providing credit facilities for promotion, expansion, commercialization and modernization of enterprises engaged in Agriculture and allied activities. The organization is specifically catering to the long-term investment needs of Agriculture and allied Activities since its inception from 1997.