R.S.P. College was established in 1951 in Dhanbad, Jharkhand to offering Graduate or Post Graduate courses. It is a private college established by Raja Kali Prasad Singh.

The College was registered under Section 2(f) of UGC Act on 31-10-87. The College is the oldest one in Dhanbad and bordering districts and the second oldest constituent unit of VBU,Hazaribag. It became the First NAAC Accredited constituent unit of the University in 2006.It is affiliated by Binod Bihari Mahto Koyalanchal University, Dhanbad and recognised or approved by NCTE.

The college is striving hard to bridge the gap between education and employment. Some vocational, professional and job-oriented courses, such as B. Ed, B. B. A. etc. has been running for last many years.