After reports of borrowers committing suicide in the state, the Andhra Pradesh government had come out with the ‘AP Microfinance Ordinance’ in October 2010, which was subsequently legislated into an Act, which crippled micro-finance institutions (MFIs) including leading player SKS. In the wake of the new regulations, repayment of MFI loans in Andhra plummeted to zero, while in other states it is still 99 per cent. Read more here.