The towns of Sangli, Miraj and Kupwad in the Sangli district of the Indian state of Maharashtra were clubbed together to form a small city. With a population of about half a million, Sangli-Miraj-Kupwad is considered to be the largest municipal corporation in South Maharashtra. This mini-metropolitan city is governed by the Sangli-Miraj-Kupwad Municipal Corporation, which is made of democratically elected members, headed by a mayor. The town of Sangli is to be found on the banks of river Krishna. Miraj is a major railway junction, a major healthcare center as well as an export hub of various Indian musical instruments. Kupwad, a small town earlier, is an industrial area harboring many foundries, oil manufacturing units, spinning mills, chocolate factories, cold storage, etc. Notable foundries located in this area are Tulsi foundry and J sons foundry. The famous chocolate manufacturer, Lotte, has its factory in this city. Spinning mills like Toto Toya spin ltd, oil manufacturers like Chakan oil mills are also based out of Kupawad. The city has a mixed group of multi-cultural residents who speak in various languages including Marathi, Urdu, Telugu, Kannada and Hindi.
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.