We estimate that the country would need to invest ~Rs 65,000 crore to transit from traditional to smart meters, assuming a substantial reduction in current meter prices with rising volumes.
As part of the public awareness initiative of RBI, the regulator keeps informing about dos and don'ts that have to be followed by customers to transact safely and securely.
According to depositories data, FPIs have withdrawn a net Rs 4,016 crore from equities and invested a net sum of Rs 3,540 crore in debt instruments during September 1-25 -- a net outflow of Rs 476 crore.
