“We do not appreciate our UPI”: Ca in Germany calls Indian banking “criminal disregard”

The legal accountant who moved to Germany says that the banking system in India “has been criminal” – especially after the bureaucratic maze experience that comes with an account in the largest economy in Europe.

Sahil Choudhary, who writes on LinkedIn, compared digital banking services that were simplified in India to the heavy preparation of the papers in Germany, and called the blatant difference in comfort.

“In India, you can only walk in a branch, show your Aadhaar, $ 100 deposits, and by evening you are already paying with UPI to take Paanipuri”, books.

On the contrary, the German regime requires a bank schedule for weeks before, to verify the identity in a post office, and to produce a residence certificate from the city office. Moreover, the credit record check is mandatory – the discount card waiting can extend for a week.

While acknowledged that the laws to protect strong data in Germany under GDP and the absence of the marketing of aggressive loans, he said that these advantages do not exceed friction.

“The Indian banking is winning comfort. We really do not appreciate our privileges until we lose it,” Chaudri added.

This position resonated with many in the diaspora and the financing community, which he repeated his praise for India’s jump in India. UPI in India (the interface of uniform payments) has become a global standard for instant and safe-based traditional transactions-a system that is very advanced from many developed countries.

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