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ICICI Bank is India’s largest private sector bank with total consolidated assets of Rs.11,242.81 billion as on March 31, 2018. ICICI Bank was established in 1955 at the initiative of the World Bank with the objective of creating a developed financial institution for providing medium-term and long-term project financing to Indian businesses. ICICI Bank in year 1999 became the first Indian company and the first bank from non-Japan Asia to be listed on the New York Stock Exchange. In October 2001, ICICI Bank merged with ICICI Personal Financial Services Limited and ICICI Capital Services Limited.