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Sensex falls; banks hit by money laundering probe

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Reuters MUMBAI

MUMBAI (Reuters) - 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 percent, while HDFC Bank ended 1.1 percent lower.

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

(Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

 

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First Published: Mar 15 2013 | 3:47 PM IST

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