Muzaffarpur is a sub-metropolitan city in the Indian state of Bihar. The fourth most populous city in the state, Muzaffarpur is located in the eponymous district of the Tirhut region in Bihar. The city is famous for its litchis and is often referred to as the Lychee Kingdom. The litchis are known for their excellent taste, aroma and quality and are cultivated in two varieties known as Shahi and China. The city lies near the Burhi Gandak River that flows from the Someshwar Hills. The area experiences a humid subtropical climate. The economy of this area is fuelled by the litchi cultivation. Otherwise, Muzaffarpur is one of the economically backward districts in the country, and the Backward Regions Grant Fund Programme supports the city with funds. The city, which hosts around 4 lakh residents, is well connected to the neighboring areas by railway and road.
ICICI Bank is an Indian multinational and financial services company headquartered in Mumbai, Maharashtra, India, with its registered office in Vadodara. In 2017, it became the third largest bank in India concerning assets and fourth regarding market capitalization. It offers many products and financial services for corporate and retail customers through investment banking, life insurance, non-life insurance, venture capital and asset management. The bank had a vast network of 4,850 branches and 14,404 ATMs in India having a presence in 17 countries as of 2017. In 1998, ICICIs shareholding in ICICI Bank was reduced to 46 percent, through a public offering of shares in India , followed by an equity offering in the form of American Depositary Receipts on the NYSE in 2000. ICICI Bank acquired the Bank of Madura Limited in an all-stock deal in 2001, Sangli Bank in 2007 and Bank of Rajasthan in 2010. In 2000, ICICI Bank became the first Indian bank to list on the New York Stock Exchange with its five million American depositary shares. In October 2001, the merger of ICICI and two of its wholly-owned retail finance subsidiaries was permitted by the Boards of Directors of ICICI and ICICI Bank, ICICI Personal Financial Services Limited and ICICI Capital Services Limited, with ICICI Bank.