Use social media to track frauds: Raghuram Rajan

With instances of online financial frauds on the rise, Reserve Bank Governor Raghuram Rajan on Wednesday mooted the idea of using the social media by the regulator as a tool to pick-up wrongdoings. "Can we enlist social media in enabling the public to identify fraud and can we as regulators filter that information in careful and responsible way so that we can collect information about what is happening and react to it?" Rajan po...