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Kotak Mahindra Bank Ltd.'s net profit for the quarter ended March is seen falling on year due to a sharp rise in provisions, analysts said. According to the average of estimates of 15 brokerages, the net profit of India's fourth largest private sector bank is expected to fall 14% on year to INR 35.66 billion in Jan-Mar. Sequentially, it is seen 8% higher. Estimates for the net profit in Jan-Mar were in the range of INR 32.80 billion and INR 38.73 billion.
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