Loni is a city in the Indian state of Uttar Pradesh. It falls under the National Capital Region. The city was first established as a Nagar Panchayat on the 31st of March, 1971. It covers an area of 34.68 square kilometers and hosts around 5 lakh residents. The city is divided into 45 wards under the Loni Nagar Palika Parishad which is run by 36 employees. The city has a moderate road and railway network connecting it to the other major cities in the proximity. The third phase expansion of Delhi Metro, which is still under construction, will connect the national capital to Loni. The city drew the attention of the rest of the nation when GAIL or Gas India Limited commissioned the worlds longest cross-country LPG transmission pipeline from Jamnagar to Loni in 2001. It is a residential city within the boundaries of Ghaziabad.
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.