DCB Bank Ltd. reported a 35.5% year-on-year rise in first-quarter net profit as lower provisions and improving asset quality offset pressure on margins. The private lender posted a net profit of Rs 213 crore for the quarter ended June 30, compared with Rs 157 crore a year earlier, according to an exchange filing on Friday. Net interest income rose 17.7% to Rs 684 crore from Rs 581 crore in the corresponding quarter last year. Asset quality improved sequentially, with the gross non-performing asset ratio easing to 2.43% from 2.45% at the end of March, while the net NPA ratio declined to 0.84% from 0.89%. ALSO READ: DCB Bank Q4 Results: Net Profit Jumps 16% To Rs 206 Crore; Dividend Declared Provisions more than halved to Rs 57 crore from Rs 115 crore a year ago and fell from Rs 69 crore in the preceding quarter, supporting earnings growth. The bank said advances grew 17% year-on-year, while deposits increased 20%, reflecting continued business momentum. Capital adequacy r...
A fact-check has indicated that an agency report about parents putting padlocks on graves of their daughters in Pakistan to save them from a rising spate of necrophilia was incorrect. Many news sites, including NDTV, ran the report of news agency ANI that has been fact-checked by AltNews. NDTV had sent a mail to ANI late this evening. A response is awaited.
The report of ANI was based on Daily Times article, and a viral tweet by Harris Sultan, an ex-Muslim atheist activist and the author of the book "The Curse of God, why I left Islam".
In the tweet, he had shared photos of a padlocked grave and accused Pakistan of creating a "sexually frustrated society", where "people are now putting padlocks on the graves of their daughters to prevent them from getting raped".
AltNews fact checker Mohammed Zubair tweeted that the photograph in question, showing a green painted grille, was from Hyderabad. The reason grilles are used is to stop people from burying bodies over the old graves without permission, he tweeted quoting locals.
The grave was that of an old woman, whose son had installed the grille. It was also meant to stop people from stepping on the grave since it was near a doorway, he tweeted.
Alt News contacted a social worker named Abdul Jaleel who is a resident of Hyderabad. On being requested by us, he visited the spot and provided us with photographs of the grave in question. pic.twitter.com/I6DYRWj8vU
— Mohammed Zubair (@zoo_bear) April 30, 2023
This issue was discussed among the Masjid committee members for eight days. Explaining the reason behind the grille, he added, "A lot of people come here and bury bodies over the old graves without permission....
— Mohammed Zubair (@zoo_bear) April 30, 2023
Alt News also spoke to a local resident whose house is near the mosque. He informed us that the grave belonged to an aged woman who had passed away in her seventies. Her son constructed the grille over the grave about 40 days after she had been buried.
— Mohammed Zubair (@zoo_bear) April 30, 2023
After the fact-check by AltNews, Harris Sultan said he was deleting his earlier tweet.
Thank you, @zoo_bear, for getting to the bottom of this. While this is not an excuse and I must apologize for the source of my initial information, which was from @SanamBalochfans.
— Harris Sultan (@TheHarrisSultan) April 30, 2023
The reason why it was believable is that necrophilia has become a serious issue in Pakistan. It is… https://t.co/1yEm5nSlB5 pic.twitter.com/euL6mei3Np
The ANI report mentioned that women's bodies were said to have been unearthed and desecrated on several occasions. A necrophilia case was reported in Pakistan in 2011 when a grave keeper named Muhammad Rizwan from North Nazimabad, Karachi was arrested after he confessed to raping 48 female corpses.
from NDTV News- Special https://ift.tt/mn0hFfj
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