ALSO READState Bank of India says does not expect bad loan surprises post merger State Bank of India Q4 profit more than doubles, bad loan ratio falls State Bank of India Q4 net profit more than doubles as expected SBI sees cost savings, no bad loans surprise after merger with units India's top bank SBI Q4 net profit jumps but outlook clouded after units' merger
Net profit, not including contributions from subsidiaries, fell to 20.06 billion rupees ($312.84 million) in the quarter ended June 30, from 25.21 billion rupees a year earlier, the state-run lender said on Friday. (http://bit.ly/2uu1tGW)
Gross bad loans as a percentage of total loans rose to 9.97 percent at end-June from 6.90 percent at March-end and 6.94 percent a year earlier.
($1 = 64.1225 Indian rupees)
(Reporting by Tanvi Mehta in Bengaluru; Editing by Christopher Cushing)