Kotak Mahindra Bank’s net profit jumped 37 per cent to Rs 465 crore.

Kotak Mahindra Bank’s net profit for the three-month ended December 31, 2014 jumped 37 per cent to Rs 465 crore driven by robust other income and lower provisions during the quarter.During the quarter, on account of write-back of Rs 56 crore, provisions dipped substantially to Rs 30 crore from Rs 70 in the third quarter last year.