RBI working on integration between e-commerce firms and banks

MIDDLE MAN: India's central bank is working to bring e-commerce firms and the country's banking systems more in alignment.

MUMBAI: India's central bank is working on improving the integration between e-commerce firms and the country's banking systems, a deputy governor of the Reserve Bank of India (RBI) said. 

"One area which we will now be looking at very closely, which is emerging, is how to provide integration between e-commerce platforms and banks," Deputy Governor H.R. Khan said at a banking industry event.