Tirumala Tirupati Devasthanams declares 10.3 tonnes of Gold; estimated Rs 2.26 crore worth of total assets

The Tirumala Tirupati Devasthanams (TTD) released a white paper and declared that it has 10.3 tonnes of gold deposits and other fixed deposits in nationalised banks worth more than Rs 5,300 crore. According to official sources, it also has a cash deposit of nearly Rs 15,938 crore.

The temple authorities also declared that the present trust board has strengthened its investment guidelines since 2019. It also denied social media reports that alleged that the TTD chairman and the board decided to invest the surplus funds in the Securities of the Andhra Pradesh government.

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


TTD pegged the total worth of its assets at Rs 2.26 lakh crore. AV Dharma Reddy, TTD executive officer said that the net worth of the temple trust has gone up to Rs 2.26 lakh crore.

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

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