[ The Times of India ] World’s richest Hindu temple, Tirumala Tirupati trust’s cash reserves go up to staggering Rs 18817 crore

The article reports on the financial status of the Tirumala Tirupati Devasthanams (TTD), the trust that oversees the world’s richest Hindu temple, the Lord Venkateswara Swamy temple at Tirumala.

Key points from the article:
– The TTD has made a record fixed deposit of **Rs 1161 crore** this year, surpassing its 12-year records.
– The TTD has been consistently making Rs 500 crore or more in fixed deposits each year for the last twelve years.
– The overall fixed deposits in banks have accumulated to **Rs 13287 crore**.
– Various trusts operated by the temple body, such as Sri Venkateswara Nithya Annaprasadam trust and Sri Venkateswara Pranadanam trust, have accumulated funds to the tune of **Rs 5529 crore**.
– As of April 2024, the Tirupati trust’s cash balances in banks and its numerous trusts have gone up to a staggering sum of **Rs 18817 crore**, which is the highest ever in the history of the TTD.
– Annually, the Tirupati trust earns a whopping sum of **Rs 1600 crore** in the form of interests on its fixed deposits.
– TTD’s gold deposits in banks have also gone up to **11329 kgs** after the Tirupati trust made its highest gold deposit of 1031 kgs.

This article provides a detailed insight into the financial growth and stability of the TTD, highlighting its significant cash reserves and contributions.

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World’s richest Hindu temple, Tirumala Tirupati trust’s cash reserves ….
https://timesofindia.indiatimes.com/city/amaravati/worlds-richest-hindu-temple-tirumala-tirupati-trusts-cash-reserves-go-up-to-staggering-rs-18817-crore/articleshow/109469487.cms.