Uber broke Indian financial rules: central bank chief
Rajan says US taxi-hailing firm is using an overseas payment system
Mon, Dec 29, 2014 - 5:50 AM
Mr Rajan said India is seeking to establish a new financial framework to keep pace with its burgeoning e-commerce sector.
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...