New Delhi, Dec 8 (PTI) The Reserve Bank today said the US-based controversial cab operator Uber is complying with the central bank norm with regard to payment systems. "My understanding is that they are complying (with the norms)," RBI Deputy Governor H R Khan said when asked whether Uber's payment system is fully compliant with the Indian norms.
Talking to reporters, Khan said "We had given time (to Uber) upto November 30 to come to wallet system...they wanted some extension. We said it is not possible... they have now fallen in line," he said. The company has started using the mobile wallet system. "Quite a few customers have boarded on mobile wallet system and that is how it is going to work....I think they are now going to (be) more or less what we had told them..," Khan added. PTI DP JD CS TVS