ICICI limited is a financial institution in India that decided to establish a bank in the year 1994 along side its other operations. Today it has come a long way and is currently the second largest bank of the country and the largest bank of the private sector. In 1955 The Industrial Credit and Investment Corporation of India Limited (ICICI) was incorporated. The bank started off as a subsidiary of ICICI in 1994 that was later made a separate entity. Now the bank has subsidiaries in Canada and United Kingdom.