Mangalore has been recently renamed as Mangaluru. It is a well-known port town in the Indian state of Karnataka. The city serves as the administrative headquarters of the Canara region of Karnataka. It is well known for its splendid beaches as well as a relaxed lifestyle. The Mangalore port fuels the development of the city, making it strategically the most important city on the Malabar coast. Mangalore, being one of the most cosmopolitan towns in the region, has a diverse population. The city lies on the estuary of the Netravati river and thus has a very fertile soil which supports the cultivation of coffee and cashews. Exports, commerce and petrochemicals drive the economy of the city. The IT industry is gradually gaining prominence in Mangalore as companies like Infosys, Cognizant, Mphasis have recently opened their offices in the city. Mangalore has large petrochemical companies like MRPL, MCF, ELF. Mangalore along with the adjoining city of Manipal combine to form a hub for education. Institutes like NIT Ranchihkal, Kasturba Medical College, Manipal University, Mangalore University, etc. attract students from all over the country. Mangalore boasts of its natural beauty and tourists flock to the city to relish the pleasant aura of the Tannirbhavi beach, the Panambur beach, St. Marys island, Kudroli Gokarnath Temple, Kadri Manjunath temple, Sammilan Shettys butterfly park, Rosario Cathedral, etc.
The ICICI Bank is one of the major private banks with assets of around 17.25 billion US$. Currently, the bank has a presence of 4,867 branches and 14,367 ATMs in India as of 31st March 2018. ICICI Ltd initially promoted the ICICI Bank in the year 1994. ICICI Ltd was created at the initiative of World Bank, GOI and few representatives of Indian industry in 1955, with the primary objective of developing an institution to provide medium and long-term project financing to Indian businesses. In the year 2001, the ICICI Ltd and ICICI Bank board and the shareholders approved for the merger of these two entities and two of its wholly-owned subsidiaries, ICICI Capital Services Ltd and ICICI Personal Financial Services Ltd. As a result in April 2002, the ICICI banking and financing operations, both wholesale and retail had been merged into a single entity. The ICICI Bank provides several banking products and financial services to its corporate and retail customers through different delivery channels and the group companies. The board members of ICICI Bank consists of individuals having rich experience in banking and financial services, international business, management consulting. For CSR, the ICICI Bank is involved in human and economic development at the national level.