SBI Research Urges RBI Intervention As Rupee Depreciation Is Reckless
SBI Research, a prominent Indian economic think-tank, has issued a stark warning to the Reserve Bank of India (RBI), urging immediate and robust intervention to halt the "reckless" depreciation of the Indian Rupee (INR). The currency has recently breached the 86.50 mark against the US Dollar, a critical psychological barrier, signaling deep-seated market apprehension over India's economic stability.














