SKS Microfinance bounces back 16% on new draft Bill

SKS Microfinance is trading higher by more than 16% at Rs 399, bouncing back 27% from intra-day lows of Rs 314, on reports that the Union ministry of finance has readied the Micro Finance Institutions (Development and Regulation) Bill, 2011, to be placed before Parliament for approval.

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Source: Business Standard India

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