Ujjain is situated in the central Indian state of Madhya Pradesh. It is the administrative headquarters of the Ujjain district and is also known as ?The city of Temples.? It lies on the banks of the eastern river Kshipra. In antiquity, Ujjain was an important center of learning and power in the country. It was ruled by different dynasties and was a pre-eminent seat of power for the most powerful rulers in central India. The city is divided into 54 wards that help in its proper civic governance. Manufacturing and textile industries along with agricultural yields like soybean, wheat, jowar and bajra form the backbone of the citys economy. It has a lengthy history of being a center for learning and that has further developed in recent times through prestigious institutions like Vikram University, Pt. Jawaharlal Nehru Institute of Business Management, Maharshi Panini Sanskrit University, Mahakal Institute of Technology, Ruxmaniben Deepchand Gardi Medical College, Ujjain Engineering College, etc. Ujjain is a city of temples. It holds an important place in the Hindu pilgrim trails in India. Its temples and monuments like Mahakaleshwar Jyotirlinga, Shri Mahakaleshwar Temple, Vikram Kirti Mandir, Bade Ganeshji Ka Mandir, Ram Ghat, Gadkalika Temple, Sandipani Ashram, Iskon temple are well respected and must-visit destinations for Hindu devotees.
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.