Tirupati: The Tirumala Tirupati Devasthanams (TTD) that governs the famous hill shrine of Lord Venkateswara at Tirumala has deposited Rs 4,000 crore in two banks.
A K Singhal, TTD Executive Officer, told reporters in Tirupati that several nationlised and private banks took part in the tender process recently, after which about Rs 3,000 crore was deposited with Andhra Bank at 7.32 per cent. Another Rs 1,000 crore was deposited with IndusInd Bank that quoted 7.66 per cent interest, he said.
Mr Singhal also denied media reports of irregularities in putting the deposits in these two banks.
A K Singhal, TTD Executive Officer, told reporters in Tirupati that several nationlised and private banks took part in the tender process recently, after which about Rs 3,000 crore was deposited with Andhra Bank at 7.32 per cent. Another Rs 1,000 crore was deposited with IndusInd Bank that quoted 7.66 per cent interest, he said.
Mr Singhal also denied media reports of irregularities in putting the deposits in these two banks.
COMMENTS
Advertisement
Political Manipulation, Money Power Involved: Mumbai Actor On Illegal Arrest 3 Senior Andhra Cops Suspended For "Illegally" Arresting Mumbai Actor 7 Dead As Bengaluru-Bound Bus Collides With Truck In Andhra Pradesh: Cops Daughter, 26, Died Of Overwork At EY, No One Attended Funeral: Woman's Letter 9 Dead, 300 Injured As Walkie-Talkies Explode In Hezbollah Units In Lebanon Video Shows Explosion At Funeral Of Hezbollah Member Killed In Pager Blast Live Updates: Walkie-Talkie Explosions Kill 9, Injure Over 300 In Lebanon Pagers, Then Walkie Talkies: How Devices Were Weaponised Against Hezbollah Israel's Unit 8200 In Spotlight After Hezbollah Pager Attacks In Lebanon Track Latest News Live on NDTV.com and get news updates from India and around the world.