The bank had reported a profit after tax of Rs 149 crore in the same period last year on a standalone basis.
The company had posted a PAT of Rs 1,708.92 crore for the same quarter last fiscal.
The company had posted a profit of Rs 278.29 crore for the year-ago period, MRF said in a regulatory filing.
Consolidated income dipped 15.7 per cent to Rs 34,762.73 crore in the reporting quarter from Rs 41,257.66 crore a year-ago.
The state-owned lender had posted a loss of Rs 4,532.35 crore during the same quarter a year ago.
Overall, the company’s net loss widened to USD 1.16 bn in the quarter ended Sept 30, from USD 986 mn a year earlier.
Icra expects year-on-year credit growth to decline to 6.2-6.8 per cent in FY20 from 13.5 per cent in the last financial year.
Total income (standalone) increased to Rs 13,494.12 crore from Rs 11,256.96 crore a year ago.
The letter was in reply to the NSE’s request to the company to explain why it had not disclosed the receipt of the letter.
Total income (consolidated) also slipped to Rs 8,347.50 crore during July-Sept 2019-20, as against Rs 8,713.67 crore.