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HomeWorldTirumala Tirupati Devasthanam 10.3 tonnes of gold, total assets worth 2.26 lakh...

Tirumala Tirupati Devasthanam 10.3 tonnes of gold, total assets worth 2.26 lakh croreAchi News

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DTT’s total assets are Rs 2.26 lakh crore. (File photo: PTI)

The trust denied social media reports that the TTD chairman and board had decided to invest surplus funds in Andhra Pradesh government bonds.

The Tirumala Tirupati Devasthanam (TTD) on Saturday issued a white paper and declared the list of assets including fixed deposits and gold deposits. The Temple Trust said that over Rs 5,300 crore has been deposited with 10.3 tonnes of gold in nationalized banks. Accordingly, there is a cash deposit of Rs 15,938 crore Times of India Report.

TTD announced that the current Trust Board has strengthened investment guidelines from 2019 and denied social media reports that the TTD chairman and board have decided to invest surplus funds in Andhra Pradesh government bonds.

Surplus amounts are invested in scheduled banks, the trust said. In a press release, TTD said (translated from Telugu): “We request Srivari devotees not to believe such conspiratorial false propaganda. Cash and gold deposits made by TTD in various banks are done in a very transparent manner.

DTT’s total assets are Rs 2.26 lakh crore. TTD executive officer AV Dharma Reddy said TOI The net worth of the temple trust rose to Rs 2.26 lakh crore.

TTD’s investments in the form of fixed deposits with various banks were Rs 13,025 crore in 2019, which has now increased to Rs 15,938 crore. In the last three years, investment has increased by Rs 2,900 crore,” said Reddy.

According to the bank-wise investment shared by the trust, TTD has gold deposits of 7339.74 tonnes in 2019 and added 2.9 tonnes in the last three years. TOI It is also reported that temple properties include 960 properties spread over 7,123 acres across India.

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