State Bank of India has reported a 134 per cent jump in its standalone net profit at Rs 2,610 core for the third quarter ended December 31, 2016 against Rs 1,115 core in the year-ago period.

Net interest income nudged up 8 per cent year-on-year (yoy) to Rs 14,751.54 crore (Rs 13,697 crore in the year-ago period). Other income jumped 59 per cent yoy to Rs 9,662 crore (Rs 6,087 crore).

Gross non-performing assets (GNPAs) rose to Rs 1,08,172 crore as at December-end 2016 against Rs 72,792 crore as at December-end 2015.

In percentage terms, GNPAs increased to 7.23 per cent of gross advances against 5.10 per cent.

Provisions towards bad loans during the reporting quarter were lower at Rs 7,243 crore (Rs 7,645 crore).

While deposits jumped by a robust 22 per cent yoy to Rs 20,40,778 crore, advanced nudged up only 4 per cent yoy to Rs 14,47,824 crore.