Kotak Mahindra Bank surpassed analysts estimates, by witnessing nearly 20% rise in it's standalone net profit during quarter ended December 31, 2017 (Q3FY18). The bank posted standalone net profit of Rs 1,053.21 crore in Q3FY18, rising by 19.71% from Rs 879.75 crore in the corresponding period of the previous year. Q3FY18 net profit was also up by 5.92% from Rs 994.31 crore in the preceding quarter. Standalone net interest income (NII) was at Rs 2,393.72 crore, registering growth of 16.74% from Rs 2,050.32 crore in Q3FY17 and by 3.50% from Rs 2,312.66 crore in Q2FY17. Provisions of Kotak were at Rs 212.77 crore, which rose by 10.76% from Rs 192.10 crore in...