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Sensex falls; banks hit by money laundering probe

The Sensex fell on Friday, as private sector lenders were hit after the government and the RBI said they would investigate allegations of money laundering practices, while S&P's comments that weaker growth was constraining ratings also weighed.

ICICI Bank provisionally fell 3.8 per cent, while HDFC Bank ended 1.1 per cent lower. (Read story here)

The Sensex provisionally fell 0.78 per cent, while the Nifty ended down 0.57 per cent.


Copyright Thomson Reuters 2013