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ICICI Bank and Tata Memorial Centre (TMC) lay foundation stone for advanced cancer care block in Visakhapatnam

Posted on June 12, 2025

·         ICICI Bank commits over ₹550 crore to TMC to expand cancer care in the city

·         Part of the Bank’s ₹1,800 crore contribution to TMC, the block will be among the largest facilities in eastern India for child and blood cancer treatment 

 

Visakhapatnam: ICICI Bank, in collaboration with Tata Memorial Centre (TMC), today announced commencement of the construction of a new building at the Homi Bhabha Cancer Hospital and Research Centre (HBCHRC) in Visakhapatnam, Andhra Pradesh.

 

With a commitment of over ₹550 crore, the Bank is funding the construction of a state-of-the-art facility spanning nearly 3.9 lakh square feet, equipped with cutting-edge medical technology.

 

Once operational, the eight-storied new building– ICICI Foundation Block for Child and Blood Cancer—will serve 3,000 patients annually. Currently, HBCHRC, Visakhapatnam has a capacity of handling 6,200 patients annually.

 

Designed as one of the largest specialised cancer facilities in Eastern India, the new building will house over 215 beds. It is expected to be completed by 2027, subject to necessary approvals. ICICI Foundation for Inclusive Growth, the CSR arm of ICICI Bank, will oversee its implementation.

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