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SBI chairman Pratip Chaudhuri on RBI measures to support rupee

PUBLISHED ON: July 24, 2013 | Duration: 3 min, 28 sec

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Supporting various steps taken by the Reserve Bank of India recently to stem the rupee depreciation, Pratip Chaudhuri, chairman of the country's largest lender, says the reason that the rupee - the worst performing Asian currency lately - is back above 60 is due to the apex bank's moves. The rupee would have fallen further in the absence of such steps by the apex bank, Mr Chaudhuri adds.
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