ICICI Bank will give the Tata Memorial Centre Rs 1200 crore

ICICI Bank will give the Tata Memorial Centre Rs 1200 crore

On Friday, ICICI Bank announced that it would give the Tata Memorial Centre (TMC) Rs 1,200 crore from its CSR funds in order to build three brand-new, cutting-edge blocks at TMC hospitals in Navi Mumbai (Maharashtra), Mullanpur (Punjab), and Visakhapatnam (Andhra Pradesh).

A brief about ICICI Bank will give the Tata Memorial Centre Rs 1200 crore

The funding would be used to establish three new buildings with the newest technology, totaling 7.5 lakh square feet and representing the single-largest donation from any institution to TMC, the bank said in a statement.

The effort, which is anticipated to be finished by 2027, will be carried out by the ICICI Foundation for Inclusive Growth, ICICI Bank’s CSR division.

The country’s cancer treatment infrastructure will receive a significant boost from the opening of these new centres of excellence in oncology treatment, which the bank described as having “modern equipment and specialised multidisciplinary teams that will provide advanced and evidence-based therapies to nearly 25,000 new patients a year.” This capacity increase will more than double the current level.

“As part of our commitment to promoting healthcare, this initiative will enhance comprehensive cancer care services in different regions of the country by giving patients access to the most recent cancer therapies,” said Girish Chandra Chaturvedi, chairman of ICICI Bank.

The Tata Memorial Hospital at Parel in Mumbai won’t need as many patients to go far because of these new facilities’ role as regional referral centres.

Tata Memorial Centre Director Dr. R. A. Badwe stated: “The infrastructure being installed at the three hospitals will provide people in the region with prompt and high-quality care at much reduced rates.

“It is essential that advanced cancer care is provided locally so that more residents of the area can access such therapies,” 

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