Tirupati temple belief reveals 10.3 ton gold, FDs value Rs 5,300 cr and Rs 15,938 cr money as its belongings

Tirumala Tirupati Devasthanams (TTD) which runs the Tirumala temple, declared the listing of its belongings together with fastened deposits and gold deposits. The belief, in a white paper launch, stated that it has 10.3 tonnes of gold deposits, fastened deposits in nationalised banks value greater than Rs 5,300 crore and Rs 15,938 crore in money with complete belongings value Rs 2.26 lakh crore.

The temple authorities additionally declared that its present belief board has strengthened its funding tips since 2019. They added that the excess quantities are invested in scheduled banks.

The temple belief additionally denied social media stories that TTD had determined to take a position surplus funds within the securities and bonds of the Andhra Pradesh authorities false and incorrect.

TTD, in a press launch, stated, “Devotees of Srivari are requested to not imagine such conspiratorial false propaganda. Money and gold deposits made by TTD in numerous banks are carried out in a clear method.”

As per TTD tips, quotations have been invited from scheduled banks with the best credit score scores for gold deposits and banks going through immediate corrective motion (PCA) by the RBI weren’t invited in any respect.

TTD had 7339.74 tons of gold deposit in 2019 and a pair of.9 tons have been added within the final three years. The report additionally added that the temple belongings embrace 960 properties unfold over 7,123 acres throughout the nation.

The report additional revealed that every one gold donations of Srivari Hundi have been despatched to the federal government mint underneath a 12-year ling gold depositable monetisation scheme. And all donations obtained by a financial institution are deposited in the identical financial institution. The cash of parakamani collected by any financial institution have been additionally deposited in the identical financial institution.