TTD deposits 2,780 kg gold with SBI

TTD would would get an interest of 2.5% on the gold deposits made for 12 years under the Gold Monetisation Scheme.

August 29, 2017 11:46 am | Updated 07:28 pm IST - Tirupati

Golden Sankhu-Chakram donated to Lord Venkateswara, Tirumala.  (September 19, 1961)
PHOTO: THE HINDU ARCHIVES

Golden Sankhu-Chakram donated to Lord Venkateswara, Tirumala. (September 19, 1961) PHOTO: THE HINDU ARCHIVES

The Tirumala Tirupati Devasthanams (TTD), which governs the famous hill shrine of Lord Venkateswara, on Monday deposited 2,780 kg of gold with State Bank of India under long term deposit scheme.

The certificates for the deposit were handed over by Amaravathi Circle SBI Chief General Manager Mani Palvesan to the TTD Financial Advicer and Chief Accountants Officer, O.Balaji, TTD PRO Ravi said

The TTD would would get an interest of 2.5% on the gold deposits made for 12 years under the Gold Monetisation Scheme, he said.

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