With our strong belief that "Education is the biggest tool to bring about any change", Shikshan Prasarak Mandal, Banda has relentlessly worked towards upliftment of masses in seventy seven villages around Banda, Tal; Sawantwadi , Dist ; Sindhudurg through education.“Banda” situated on the state border of Maharashtra and Goa has been a market place for scores of villages from both states. Geographically located in a hilly, backward and rural area the local people mostly from the farming community have never been able to give education the right priority. Shikshan Prasarak Mandal, Banda's endevour to bring higher education to Banda has begun since 25th July 1995, catering to mostly frist generation learners from economically distressed and socially backward local population.

"India's future will be shaped in her classrooms" is what Dr. Sarvepalli Radhakrishnan said. Nurturing this very thought Shikshan Prasarak Mandal, Banda, started this college at Panval, Tal. Sawantwadi, Dist. Sindhudurg .Starting with a very humble beginning, through the efforts of all the members of the mandal, who themselves had to take great pains to pursue higher education. The college of arts and commerce was initially started by Dr. B. B. Gaitonde Charitable Trust, Banda and currently functions under the management of Shikshan Prasarak Mandal, Banda. It also runs an English medium Junior College on its campus. This Junior College is the only english medium junior college in the neighborhood. Shikshan Prasarak Mandal also started a state of art school, Late Shri V N Nabar memorial English medium school in Banda with primary and secondary sections and feeder primary English medium school at Madure and Tamboli (villages in Sawantwadi taluka). Shri Mangesh R. Kamat Charitable trust, Mumbai, has now taken over the responsibility of the day to day management of these school and they shall be handed over to them in due course. Shikshan Prasarak Mandal also runs a Vocational Training Institute to give hands on training to educationally deprived students , school dropouts students and students who wish to horn their skills in trades such as house wiring, metal fabrication Etc. This Institute started in the year 1997 is affiliated to Maharashtra state technical education board, Mumbai. The Institute provides ample job opportunities to successful students as well make them self sustainable and self reliant.

We look forward to make a meaningful difference in the field of education and work towards nurturing leaders of tomorrow with an objective to produce men and women possessing character, knowledge and professional competence in the field of education, trade, commerce and industry. The college results have shown consistent improvement over the years and the college has excelled in intercollegiate festivals, sports and social service.

The college is affiliated to the University of Mumbai and is approved by Govt. of Maharashtra. The college provides instructions for courses leading to BA, B com and BSC degrees for the three year integrated degree course and also has post graduation programmes in MA, M com. The college also has an IDOL Centre (University of Mumbai)