By Abhijit Lele State Bank of India’s (SBI) on Tuesday reported double digit growth in its net profit and net interest income for the July-September quarter beating the analyst estimates. The country’s largest lender’s standalone net profit grew 14.28% year-on-year to Rs 23,038 crore for the second quarter of the current financial year, aided by one-time gains from SBI Funds Management’s initial public offering. Analysts had estimated the bank to report a net profit of Rs 22,619 crore, according to Bloomberg. The bank reported an exceptional gain of Rs 7,288.47 crore against Rs 4,593.22 crore a year ago. The bank’s stock closed 1.77 % lower at Rs 969.55 per share on BSE today.