Thursday, May 29, 2025

Dr. Tonse Madhava Ananth Pai's Death Anniversary


Tonse Madhava Ananth Pai, who passed away on 29 May 1979, aged 81, was an Indian physician, educationist, banker and philanthropist, most well-known for building the university town of Manipal, India.

He was the first to start a private, self-financing medical college offering MBBS in India. Pai established the Kasturba Medical College in 1953 and Manipal Institute of Technology in 1957, which was followed by a string of other education institutions including Manipal College of Dental Sciences, Manipal College of Pharmaceutical Sciences and Manipal Pre-University College. He, along with his brother Upendra Ananth Pai, also established Syndicate Bank originally in Udupi, Karnataka, which has its headquarters now in Manipal and Bangalore. He was responsible for its popular Pigmy Deposit Scheme.

 

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