State Bank of India (SBI) on Friday turned in a strong set of numbers, posting a 10.2% year-on-year (y-o-y) rise in net profit to Rs 21,121 crore for the June quarter. Profit was driven by robust domestic loan growth of 18.15% y-o-y, higher core income and a significant drop in bad loan provisions. The country’s biggest lender saw its asset quality improve as it reported non-performing asset ratios (NPA) that were the lowest in over two decades.