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Let rupee find its own level; India must focus on competitiveness, innovation: Uday Kotak

Kotak said the situation should serve as an important signal for India to strengthen competitiveness, improve efficiency and self-reliance, and invest more in research and innovation

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Uday Kotak. File picture.

Uday Kotak. File picture.

The rupee should be allowed to determine its own level, Kotak Mahindra Bank Founder Uday Kotak said on Tuesday, while asserting that the underlying strength of the Indian economy will reflect in the currency over time, according to news agency PTI.

"My personal view is we should let the rupee find its own level, and over time, the true strength of the economy will play out," he said at the Bloomberg New Economy Forum 2026.

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