A commitment to contribute Rs 1,200 crore towards Tata Memorial Centre (TMC) has been announced by ICICI Bank. ICICI Bank will donate the money from its CSR funds to set up three new buildings and equip them with state-of-the-art machines at TMC’s centres at Navi Mumbai in Maharashtra, Mullanpur in Punjab and Visakhapatnam in Andhra Pradesh. With the largest contribution from any institution to TMC, ICICI Foundation for Inclusive Growth (ICICI Foundation), the CSR arm of ICICI Bank, will implement the initiative, which is likely to be completed by 2027. Noteworthy, TMC is a premier institution that runs cancer treatment and research centres across the country.
With modern equipment and specialised multidisciplinary teams, these new centres of excellence in oncology treatment will provide advanced and evidence based therapies to nearly 25,000 new patients a year, doubling the present capacity and providing a significant boost to the country’s cancer treatment infrastructure. ICICI Foundation will set up an ‘ICICI Radiation Oncology Block’ at TMC’s Advanced Centre for Treatment, Research & Education in Cancer (ACTREC) at Navi Mumbai, Maharashtra. ICICI Foundation will set up two ‘ICICI Paediatric and Haematological Oncology Block’ at TMC’s Homi Bhabha Cancer Hospital and Research Centre at Mullanpur in Punjab and Visakhapatnam in Andhra Pradesh.
ICICI Foundation has signed an agreement with TMC to express this commitment. Mr. Sanjay Datta (President, ICICI Foundation) and Dr. R. A. Badwe (Director, Tata Memorial Centre) signed the agreement in the presence of Mr. Girish Chandra Chaturvedi (Chairman, ICICI Bank) and Mr. Sandeep Batra (Executive Director, ICICI Bank). Mr. Chaturvedi also inaugurated the ICICI MRI Facility at Tata Memorial Hospital at Parel in Mumbai in the presence of Dr. Badwe and Mr. Batra. This facility is equipped with an advanced MRI machine supported by ICICI Foundation.
