A facile method is reported to synthesize a stable dispersion of silver nanoparticles in polymeric resin and its catalytic activity studies.The average particle size of silver nanoparticles obtained was 30 nm.CHNS analysis, FTIR spectra SEM, EDX, TEM, UV-visible spectra were the various techniques used for characterization.Catalytic reduction of p-nitrophenol using the synthesized catalyst was the model reaction selected here.The efficiency of catalytic reduction was found to be 93 % in a total time of 24 min.