ICICI Bank announced to contributes Rs 1,200 crore to TMC

ICICI Bank announced a commitment to contribute Rs 1,200 crore towards Tata Memorial Centre (TMC), a premier institution that runs cancer treatment and research centres across the country. ICICI Bank will donate money from its CSR funds to set up three new buildings with state-of-the-art machines at TMC’s centres in Navi Mumbai, Mullanpur and Visakhapatnam. The ICICI Foundation for Inclusive Growth (ICICI Foundation) will implement the initiative, which is expected to be completed by 2027.

Mr. Chaturvedi, Chairman, ICICI Bank, inaugurated the ICICI MRI Facility at Tata Memorial Hospital. This facility is equipped with an advanced MRI machine supported by ICICI Foundation.

ICICI Foundation signed agreement with TMC to express commitment. 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. Mr. Girish Chandra Chaturvedi, Chairman, ICICI Bank, said: “Overall, ICICI Foundation has positively impacted more than 10.9 million beneficiaries through its various initiatives.

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