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Bank to give Rs 1.2Kcr to Tata Memorial Centre

Funds will be used for cancer care facilities at Navi Mumbai, Mullanpur, Visakhapatnam

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Tata Memorial Centre Director Dr R A Badwe and ICICI Bank Chairman Girish Chandra Chaturvedi address the media on Friday

Tata Memorial Centre Director Dr R A Badwe and ICICI Bank Chairman Girish Chandra Chaturvedi address the media on Friday

Tata Memorial Centre (TMC), which caters to lakhs of cancer patients every year, will receive a major infrastructural boost as ICICI Bank has pledged to donate Rs 1,200 crore to the facility, the largest such commitment made by a corporate entity so far. With these corporate social responsibility (CSR) funds, three buildings will be constructed for the treatment of patients. More than 70,000 cancer patients visit Mumbai to register for treatment at the Tata Memorial Hospital (TMH) in Parel annually. To reduce the burden on the facility, TMC set up hospitals in Uttar Pradesh and Bihar, among other places.

The CSR funds will be used to establish three new state-of-the-art blocks at TMC's hospitals at Navi Mumbai, Mullanpur in Punjab and Visakhapatnam in Andhra Pradesh by 2027. It will also equip them with the latest cancer care machines which will help diagnose and treat patients. With modern equipment and specialised multidisciplinary teams, these new centres will help to treat nearly 25,000 new patients a year, which will be double the present capacity and provide a significant boost to the country’s cancer treatment infrastructure.

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