
Where there is a will, there is a way: Man becomes CA at 71; he used to teach his granddaughter
The story was shared on LinkedIn by CA Nikhilesh Kataria, who revealed how Agarwal's interest in accountancy was sparked while assisting his granddaughter with her studies. What began as a supportive gesture soon evolved into a determined personal pursuit. After years of dedication, Agarwal successfully cleared the CA Final exams. Kataria praised his achievement, reminding readers that 'where there is a will, there is a way'.
The story struck a chord online, with social media users flooding the post with messages of admiration and encouragement. Many hailed it as one of the most inspiring accounts of the year, applauding Agarwal's resilience and passion for learning. Comments across platforms celebrated his unwavering determination, proving that education and ambition truly have no age limit.
Meanwhile, the Institute of Chartered Accountants of India (ICAI) declared the results of the Chartered Accountants Final Examination 2025 on 6 July. As reported by ANI, Maharashtra's Ranjan Kabra from Chhatrapati Sambhajinagar district topped the CA Final exams, securing the All India Rank 1 (AIR-1) with an impressive score of 516 out of 600—an overall 86%.
The top three positions were secured by Ranjan Kabra (AIR-1), Nishtha Bothra (AIR-2), and Manav Rakesh Shah (AIR-3). ICAI confirmed that a total of 14,247 candidates qualified as Chartered Accountants this year. The exams for Group 1 and Group 2 were conducted from 16 May to 24 May 2025.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

The Hindu
4 hours ago
- The Hindu
Lokesh tells CAs to be acquainted and updated with their subject
IT and HRD Minister Nara Lokesh on Saturday called upon the chartered accountants (CA) to be fully acquainted and updated with their subject and gear up to handle advanced technologies like artificial intelligence (AI). He also appreciated the Institute of Chartered Accountants of India (ICAI) for being the first in the world to implement forensic accounting standards. Addressing a mega student meet of the ICAI titled 'Spoorthi'in Guntur, Mr. Lokesh said that despite completing 76 years, the institute remained an accounting powerhouse and has been a major strength of the Indian financial system. He observed that the importance of CA could be understood from the fact that every budget-approved file required an auditor's seal, and added they were drivers of the country's economic growth. The State government has always valued the inputs given by the ICAI on various matters of financial administration and would keep consulting it for policymaking, he added. Mr. Lokesh insisted that the CA play a significant role in achieving the Prime Minister's vision of Viksit Bharat, which aims to make India a $30 trillion economy by 2047. He stated that in today's world, not only IQ but technology quotient (TQ) was also essential to stay ahead. 'Let us all work together to steer India and Andhra Pradesh towards progress. The future belongs to you, and the government will stand by you,' Mr. Lokesh said. Guntur West MLA Galla Madhavi, ICAI vice-president D. Prasanna Kumar, ICAI south India regional council vice-chairman Muppalla Subba Rao, Guntur branch chairman N. Rajashekhar, South India CA Students' Association Guntur branch chairman Chinta Raghunandan, vice-chairperson B. Jhansi Lakshmi, secretary V.V. Naresh and others took part.


Mint
6 hours ago
- Mint
AU Small Finance Bank Q1 Results: Net profit rises 16% at ₹581 crore, asset quality deteriorates
AU Small Finance Bank on Saturday announced its earnings report for the first quarter (Q1) ended June 30, 2025 of the fiscal year 2026. The Jaipur-based bank said its net profit rose 16% at ₹ 581 crore during the first quarter of this financial year, as compared to ₹ 503 crore in the same period of the previous fiscal year. Its total income stood at ₹ 5,189 crore during the June 2025 quarter, up from ₹ 4,278 crore in the same period a year ago. Net interest income (NII) surged to ₹ 2,045 crore in the reported quarter against ₹ 1,921 crore a year ago. Interest earned by the lender increased to ₹ 4,378 crore when compared with ₹ 3,769 crore in the June quarter of FY25. AU Small Finance Bank's operating profit jumped to ₹ 1,312 crore in Q1 of FY26 from ₹ 952 crore in the same period last fiscal year. AU Small Finance Bank MD and CEO Sanjay Agarwal said: "We have reported another set of consistent performance in a seasonally soft quarter, showing sustainable growth in deposits, assets, and profitability". As the economic cycle strengthens, AU is well-positioned to navigate near-term uncertainties while staying committed to the long-term vision of building a forever bank that can truly scale with sustainability, he added. Its asset quality deteriorated, as gross non-performing assets (NPAs) rose to 2.47% of gross advances at the end of the June quarter, from 1.78% a year ago. Gross loan portfolio (GLP) rose 18% to ₹ 117,624 crore in Q1 FY25, as compared to ₹ 99,792 crore last year. Similarly, net NPAs, or bad loans, increased to 0.88% against 0.63% in the year ago period. As a result, provisions and contingencies almost doubled to ₹ 533 crore during the first quarter, when compared to ₹ 283 crore a year ago.


News18
9 hours ago
- News18
AU Small Finance Bank Q1 net profit rises 16 pc to Rs 581 cr
New Delhi, Jul 19 (PTI) AU Small Finance Bank on Saturday posted a 16 per cent growth in net profit to Rs 581 crore during the first quarter of this financial year. The Jaipur-based bank had earned a net profit of Rs 503 crore in the same quarter of the previous fiscal year. The total income rose to Rs 5,189 crore during the June 2025 quarter from Rs 4,278 crore in the same period of FY25, AU Small Finance Bank said in a regulatory filing. Interest earned by the bank improved to Rs 4,378 crore compared to Rs 3,769 crore in the June quarter of FY25. Net interest income rose to Rs 2,045 crore during the quarter against Rs 1,921 crore a year ago. The bank's operating profit also increased to Rs 1,312 crore from Rs 952 crore in the year-ago period. However, the bank's asset quality witnessed deterioration, as gross non-performing assets (NPAs) rose to 2.47 per cent of gross advances at the end of the June quarter, from 1.78 per cent a year ago. Gross loan portfolio (GLP) grew 18 per cent to Rs 1,17,624 crore compared to Rs 99,792 crore as of Q1 FY25, it said. Similarly, net NPAs, or bad loans, increased to 0.88 per cent against 0.63 per cent in the year-ago period. As a result, provisions and contingencies almost doubled to Rs 533 crore during the first quarter compared to Rs 283 crore a year ago. Provision Coverage Ratio (PCR) stood at 83 per cent at the end of June 2025. However, the capital adequacy ratio of the bank declined to 19.42 per cent from 20.11 per cent in the same quarter of FY25. Commenting on quarterly numbers, AU Small Finance Bank MD and CEO Sanjay Agarwal said, 'We have reported another set of consistent performance in a seasonally soft quarter, showing sustainable growth in deposits, assets, and profitability". As the economic cycle strengthens, AU is well-positioned to navigate near-term uncertainties while staying committed to the long-term vision of building a forever bank that can truly scale with sustainability, he added. PTI DP BAL BAL view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.