15th July, 2025: Vellore-Federal Bank, as part of its CSR initiatives, signed two MoUs with Christian Medical College Vellore, one in support of the construction of a new pharmacy college and the other for cancer patient support through the Sanjeevani initiative. The MoU exchange ceremony was held at CMC Vellore’s Town Campus, with key dignitaries Mr. KVS Manian, Managing Director & CEO, Federal Bank, and Dr. Vikram Mathews, Director, CMC Vellore.
The construction of a new pharmacy college at CMC Vellore, Bagayam, is supported by Federal Bank Hormis Memorial Foundation with a grant of ₹13.73 crore. The 40,476 sq ft facility will rise on 2.5 acres of land. The Pharmacy College will be the first of its kind in the district of Vellore to train a new generation of pharmacists in the highest standards of pharmacy education. The college will feature cutting-edge laboratories, lecture halls and research facilities, ensuring that students receive a world-class education that will prepare them for the complexities of modern-day pharmacy practice. With an expected annual intake of 60 undergraduate students, the college is slated to commence admissions for the academic year 2026–27.
Additionally, the partnership for cancer patient support through Sanjeevani initiative of Federal Bank which began last year will continue this year too. 764 cancer patients have received subsidies for cancer treatment at CMC Vellore, for pre-diagnostic tests, treatment like chemotherapy and radiotherapy and for medication.
“At Federal Bank, we firmly believe in fostering partnerships that generate enduring value for individuals, institutions, and society at large. Cancer continues to be one of the most formidable challenges of our time, impacting families not only medically but also emotionally and financially. We are proud to have been associated with Sanjeevani which started as an awareness initiative. As an extension of that we ventured into cancer care and patient support through Sanjeevani. We needed partners we could bank on, and CMC Vellore stood out as a beacon of trust and excellence and that is how this association was born. Today as we extend this collaboration by supporting the new pharmacy college, our CSR program is evolving into a multi-dimensional mission encompassing awareness, patient care, medical education, medical infrastructure and in future possibly also into caregiver support. Through this holistic approach, Federal Bank is shaping a circle of healing that embraces everyone.” said KVS Manian, MD & CEO, Federal Bank.
Dr. Vikram Mathews, Director CMC Vellore, said, “Excellence in education, research, and service being our core values, I am grateful to Federal Bank Hormis Memorial Foundation for extending support to our pharmacy college and cancer treatment subsidies. With these upcoming new developments, we are looking forward to further expanding our reach in education and holistic care for cancer patients.”