Ghaziabad is a well-known city which is often called the “Gateway of Uttar Pradesh” due to its proximity to the capital city of India, New Delhi. Ghaziabad is a part of the National Capital Region and is inhabited by more than 2 million people. Wazir Ghazi-ud-din founded Ghaziabad in 1740. He named it ‘Ghaziuddinnagar’ after himself. The Mughal royal family would visit Ghaziabad for picnics, especially in the areas near the Hindon river. The Hindon river clearly divides the city into two parts – the Cis-Hindon on the east bank and the Trans-Hindon on the west. Ghaziabad is a huge and planned industrial city and it is the main educational, commercial and industrial center of Western Uttar Pradesh. Ghaziabad witnessed a gigantic industrial growth soon after independence. Steel manufacturing units were the first to be set up in the area, followed by electronic industries. Many major industrial houses quickly followed in setting up their units in and around Ghaziabad. A rapidly developing city, plenty of new job opportunities have recently opened up in Ghaziabad owing to its recent corporate boost. Many new commercial and residential projects are being set up in the city, gradually turning Ghaziabad into a real estate hub.
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.