The SBI Group had registered a net profit of Rs 3,828.20 crore in the October-December quarter of the 2014-15 fiscal.

On a standalone basis, the SBI net profit plummeted by 61.6 percent to Rs 1,115.34 crore for the third quarter of the current fiscal. It was at Rs 2,910.06 crore in the year ago period.

However, total income of the bank rose to Rs 46,731 crore during the third quarter, from Rs 43,784 crore in the same period of last fiscal.

The total provisioning for non-performing assets jumped significantly to Rs 7,644.52 crore during the December quarter, up from Rs 5,327.51 crore in the corresponding period last fiscal.

As of December 31, the bank's portfolio quality declined, with gross NPAs at 5.10 percent of gross advances, as against 4.90 percent a year ago.

Its net NPAs during the third quarter rose to 2.89 percent, from 2.80 percent in the period a year earlier.

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