There have been a lot of nomenclatural and taxonomic changes to what was known as Potentilla fruticosa and its varieties in the past. A very polymorphic 'species' varying in habit, indumentum, leaflet number, calyx and epicalyx size.

I shall leave it to you to decide who to follow as to its current 'Accepted Name'.  I am at this time following Dickore & Klimes Ladakh Checklist (2005)- Dasiphora dryadanthoides Juzepczuk 

There appears to be no entry for this in eFI - under any name.

Flowers of the Himalaya knew it as Potentilla fruticosa var. pumila - common in the dry Tibetan borderlands to 5500m; a low prostrate shrub with tiny silvery-haired leaves. There is a line drawing.

I am familiar with it from Ladakh and at Zingzingbar at the base of the Baralacha, Lahoul. 

'Flora of Lahaul-Spiti' knew it as Potentilla arbuscula var. pumila - common on rocks and sandy-gravely slopes between Patseo and Zingzingbar.

'Flora of Bhutan' (1987) knew it as P.arbuscula var. pumila - from exposed stony slopes @ 3900-4200m in Bhutan & Sikkim.

See: http://photos.v-d-brink.eu/Flora-and-Fauna/Asia/Pakistan-new/i-sWGrnHx  and other images taken in Baltistan

I am attaching a fine image taken by Feroze Khan & Mudita Badwhar thanks to Deepak Badwhar -illustrates the habit of this plant very well indeed.

Plus a shot scanned in from a slide taken in the 1980s - showing the habitat of the plant beside the Durung Drung glacier in Zanskar.  The 'soil' it grew in was largely sand.