Tirupathi sources have stated that Tirumala Tirupati Devasthanams (TTD), which manages the affairs of the Sri Venkateswara temple atop Tirumala, saw a steep decline in their hundi collections during the year 2017, meanwhile the TTD, which manages the richest Hindu temple in the world, still earned Rs 995.89 crore, it was around Rs 50 crore lesser than how much they had earned in 2016.
In 2017 March RBI stated that it would not accept demonetized notes from the TTD, as the deadline for exchanging notes had passed and hence the TTD had made a request to the Central bank, as devotees continued to deposit old notes that had become invalid, in their hundis.
Moreover TTD Executive officer Anil Kumar Singhal said "Last
year the Hundi earning was Rs 1046.28 crore and this time it is Rs 50.39 crore
less, due to demonetized notes that were deposited and are of no use. However
they are satisfied that the earning from 'Online Hundi' was recorded more than
last year when compared to Rs 10.53 crore last year.
