Uber broke Indian financial rules: central bank chief

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 transactions erupted in India earlier this year after domestic taxi firms complained that Uber was not following the country's two-step authentication system for e-commerce credit card payments.

"They (Uber) were using a way of bypassing our regulations to conduct transactions overseas which were in violation" of Indian regulations, the central bank governo…