Home Minister Rajnath Singh today reviewed the measures taken for curbing the financial sector frauds emanating from the usage of cards and e-wallets at a high-level meeting in New Delhi.The progress of decisions which include providing information through SMS and email to customers from banks or e-wallet companies, big data analysis by for identification of perpetrators of frauds and mandatory KYC for all the entities issuing Prepaid Payment Instruments were reviewed.<br/> <br/>The meeting was informed that Inter-Ministerial Committee on Phone Frauds (IMCPF) has been constituted. The Committee had held its first meeting last month discussed various nature of phone frauds and the steps to curb such instances. Home Minister was informed that Jharkhand Police crackdown on the perpetrators of phone frauds has resulted in considerable fall in instances of these crimes. Mr Singh asked the Committee to examine all the highlighted issues in consultation with relevant stakeholders expeditiously.