HC suspends DRDA's order against SKS Microfinance

SKS Microfinance on Friday said the Andhra Pradesh High Court has issued an interim order suspending the District Rural Development Agency’s notice to cancel the company’s registration in Mahabubnagar district. The company did not specify when the court passed the interim order. DRDA had cancelled the registration of SKS Microfinance in Mahabubnagar for allegedly not following rules.