SKS shares fall after India state OKs tighter rules

The Andhra Pradesh state assembly has approved a legislation to regulate the microfinance sector by ratifying an earlier ordinance that has curbed operations by the lenders to the poor, a government spokesman said.

At 0354 GMT, SKS shares were down 1.8 percent at 731.90 rupees in a Mumbai market that was down 0.3 percent.

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