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New Delhi: Indias banking system has witnessed major changes in the last several decades. Today banks are serving the credit and banking needs of the economy. On Thursday the countrys largest lender SBI reported an 84 per cent jump in standalone net profit to Rs 16891 crore in the December quarter. State Bank of India (SBI) had earned a standalone net profit of Rs 9164 crore in the year-ago period. The banks total income rose to Rs 128467 crore in the third quarter of the current fiscal against Rs 118193 crore in the same period a year ago SBI said in a regulatory filing. During the quarter the banks interest income grew to Rs 117427 crore compared to Rs 106734 crore a year ago. On the asset quality front the bank witnessed improvement with gross Non-Performing Assets (NPA) moderating to 2.07 per cent at December-end from 2.42 per cent at the end of the third quarter of the last year. Similarly net Non-Performing Assets (NPAs) also eased to 0.53 per cent against 0.64 per cent at the end of the same period a year ago. On a consolidated basis SBI Groups net profit rose by 70 per cent to Rs 18853 crore over Rs 11064 crore in FY24. Consolidated total income increased to Rs 167854 crore over Rs 153072 crore in the third quarter of the preceding fiscal.