What is the full form of icici

ICICI Bank was established by the Industrial Credit and Investment Corporation of India (ICICI), an Indian financial organization, as an entirely owned subsidiary in 1994 in Vadodara however the parent company was formed in 1955 as a joint-venture of the planet Bank, India’s public-sector banks and public-sector insurance companies to supply project financing to Indian industry. The bank was founded because the Industrial Credit and Investment Corporation of India Bank, before it changed its name to ICICI Bank. The parent company was later merged with the bank.