satna is a city in the Indian state of Madhya Pradesh that also serves as the Satna districts administrative headquarters. The city derives its name from the nearby Satna river which flows through the Baghelkhand region of the state. According to the Hindu epic Mahabharata, the Haihaya, Kalchuri or Chedi clans were the inhabitants of the region. Satna has a long history of being a part of various princely states. The city sits on a mineral-rich area and is known for dolomite mines and limestone and it contributes around 8% to 9% of the countrys total cement production. There are ten cement factories in Satna and the product is exported to other parts of the country. Satna houses the well-known electrical cable company called Universal Cables. Satna also serves as a major spot for religious tourism including Chitrakoot, Maihar and Bharhut. There are many temples, a Buddhist Stupa and a fort in the vicinity of the area. The city has quite a few good schools and colleges and is currently upgrading itself to become a modern city with all modern facilities. This city is often called the commercial capital of Baghelkhand as it is among the most promising cities of the state. Several new industries have been planned to be set up in this city by some of the most reputed industrial houses in India.
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.