This idea was further strengthened with the establishment of Northern India Chamber of Commerce in 1923 at Lahore.

This problem was overcome by the generous offer of Sir Ganga Ram to donate his residential building "Nabha House" opposite the University Grounds for exclusive use to establish a College of Commerce.

The primary aim of the college was to impart sound and high-class education and training in the field of Commerce.

[3] Sir Ganga Ram donated the "Nabha House" and the old hostel building for the establishment of the college in 1927.

But with the gradual increase in the number of students, these premises were considered insufficient to meet the college requirements.

The Library was built a structure of 6048 square feet and all its books were shifted from the City Campus to the new building in July 1985.