: BIZ SCAN #FinanceIndia #StockMarketNEWS #Business Aakash National Talent Hunt Exam to offer scholarship for class 7 to 12 students PANAJI: Aakash National Talent Hunt Exam (ANTHE) 2021, the 13th

@StockMarketNEWS Fri 29 Oct, 2021

Posted in: #Business #FinanceIndia #StockMarketNEWS

BIZ SCAN #FinanceIndia #StockMarketNEWS #Business
Aakash National Talent Hunt Exam to offer scholarship for class 7 to 12 students

PANAJI: Aakash National Talent Hunt Exam (ANTHE) 2021, the 13th edition of the flagship annual scholarship exam of Aakash Educational Services Limited (AESL), is set to offer up to 100 per cent scholarships for class 7-12 students to the institute’s most sought after NEET and IIT-JEE coaching programmes for aspiring doctors and engineers. ANTHE 2021 will be held in both online and offline mode from December 11-19, across 24 states and union territories in the country. While the offline exams will be conducted on December 12 and 19, adhering to COVID-19 guidelines. Students can choose a one-hour slot convenient to them. The last date for the submission of the enrolment form for ANTHE 2021 is three days and seven days before the date of commencement of online and offline exams, respectively. NT

Kotak Mahindra Bank PAT for Q2FY22 Rs 2,032 cr, up 24%

MUMBAI: The Board of Directors of Kotak Mahindra Bank approved the unaudited standalone and consolidated results for Q2FY22, at the Board meeting held in Mumbai, recently. The Bank’s PAT for Q2FY22 increased to Rs 2,032 crore, up 24% from Rs 1,642 crore for Q1FY22 (Rs. 2,184 crore for Q2FY21). Net Interest Income (NII) for Q2FY22 increased to Rs 4,021 crore, from Rs 3,897 crore in Q2FY21, up 3%. Net Interest Margin (NIM) for Q2FY22 was at 4.45%. Net Total Income for Q2FY22 was Rs 5,833 crore, up 9% from Rs 5,330 crore in Q2FY21. Operating profit for Q2FY22 was Rs 3,120 crore, from Rs 3,262 crore in Q2FY21. As at September 30, 2021, GNPA was 3.19% & NNPA was 1.06%. Credit cost on advances was 63 bps (annualized) for Q2FY22 (133 bps for Q1FY22).
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