Agricultural Finance Corporation Ltd was incorporated on April 10, 1968 as a Public Limited Company with an Authorised Capital of Rs. 100 crore and Paid-up Capital of Rs. 5 crore by the then private sector commercial banks to “finance agriculture by all possible means”.(Currently the Paid-up Capital is Rs. 15 crore). Subsequent to the nationalisation of fourteen major Indian Scheduled Commercial Banks on July 19, 1969, AFCL repositioned itself as a Technical Support Institution for facilitating accelerated growth of Indian agriculture. AFCL has now blossomed into a diversified reputed consultancy organisation.