Malegaon is a small city in the Nashik District of the Indian state of Maharashtra. It was previously known as Mulligaum and it lies at the convergence of the Mausam and Girna rivers. The city is known for its famous fort. The Malegaon fort, which took 25 years to build, attracted a lot of Muslim workers and artisans from all over the country, who settled in the area. Later, many people from the Muslim community migrated to this city during various revolts and uprisings in the country. The city has roughly 6 lakh residents, among which 79% follow Islam as their religion. The city is a major hub for cloth weaving. The city has over 3 lakh power looms and t attracts workers from all the neighboring regions. PVC pipe manufacturing industry has also gained importance in Malegaon in the recent years. The citys education system supports native language Marathi as well as Urdu and English through many institutions. There are a few schools in the area, alongside junior colleges and senior colleges that are affiliated to the Pune University. The students seeking higher education generally travel to nearby cities. Malegaon is known for its notorious spoof film industry called Mollywood, which makes parodies and spoofs of classic Hollywood and Bollywood films. Its an extremely low budget film industry where most of the actors are the residents exhibiting their talents and their imaginative minds.
The ICICI Bank is multinational financial services company. It has its corporate office in Mumbai, Maharashtra, India and its registered office in Vadodara, Gujarat, India. The ICICI Bank became the third largest bank in India concerning assets and fourth regarding market capitalization in the year 2017. The bank offers many products and financial services for its corporate and retail customers such as investment banking,non-life insurance, life insurance, venture capital and asset management. The ICICI bank had 4,850 branches and 14,404 ATMs in India alongside the global presence in 17 countries as of 2017. In the year 2000, the ICICIs shareholding in the ICICI bank was decreased to 46 percent in the public offering of shares in India; followed by an equity offering in the form of American Depositary Receipts listed on the NYSE. The Bank of Madura Limited was acquired by the ICICI Bank in an all-stock deal in 2001. The same year ICICI Bank became the first Indian bank to list on the New York Stock Exchange with its five million American depositary shares.