The Arts and Science College was inaugurated on 20 June 1960 by Shri Y. B. Chavan, the first Chief Minister of Maharashtra to serve the ever-growing educational needs of student from North and Central Mumbai Suburbs, and was the gift of the South Indians in Mumbai to the then newly-born State of Maharashtra. The Commerce Stream at the Degree level was started in 1980-81. Affiliated to the University of Mumbai, the college has an impressive strength of over 4,000 students drawn from all sections of this cosmopolitan city.