State Bank of India reported a 10 per cent year-on-year increase in first quarter standalone net profit at ?21,121 crore against ?19,160 crore in the year ago, with the bottom line being supported by net interest income and lower NPA provisions.

Net interest income rose 15 per cent at ?46,992 crore (?40,907 crore in the year ago period).

Other income declined 9 per cent at ?15,923 crore (?17511 crore).

NPA provisions were 32 per cent lower at ?3,359 crore (?4,934 crore).