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Uber broke Indian financial rules: central bank chief

Rajan says US taxi-hailing firm is using an overseas payment system

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Mr Rajan said India is seeking to establish a new financial framework to keep pace with its burgeoning e-commerce sector.

New Delhi

INDIA'S central bank chief has lashed out at Uber, already under fire over the alleged rape of a passenger, saying the US taxi-hailing firm violated the country's financial regulations by using an overseas payment system.

A row over the highly valued startup's financial

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