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The bank reported standalone net profit during the quarter stood at Rs 250.19 crore compared to net loss of Rs 3571.41 crore in the previous year quarter. Interest income of the bank declined by 11.41 per cent at Rs 9326.60 crore for the quarter ended March 31, 2021 as against Rs 10528.02 crore in the corresponding period last year. During the January-March quarter, total income dipped moderately by 6.84 per cent to Rs 11,379.84 crore from Rs 12,215.78 crore in the year ago period. Meanwhile, operating expenses dropped by 2.90 per cent to Rs 9,285.47 crore from Rs 9,563.22 crore in the same period last year. Operating profit slipped 21.04 per cent to Rs 2,094.37 crore from Rs. 2,652.56 crore. Provisions and Contingencies slipped by 77.51 per cent at Rs 1,831.04 crore from Rs 8,141.92 crore a year ago. NII, the difference between interest earned on loans and interest paid on deposits, slipped by 22.60 per cent at Rs 2,935.86 crore versus Rs 3,793.05 crore in the year ago period. Non-interest income rose 21.65 per cent year-on-year to Rs 2,053.24 crore. On the asset side, gross non- performing assets (NPAs) fell to 13.77 per cent of the gross advances as at the end of March 31, 2021 from a level of 14.78 per cent year earlier. Its net NPAs or bad loans too declined to 3.35 per cent of net advances on March 31, 2021 from 3.88 per cent a year ago.