In INDIA All These Things That You Dream As A Pakistani Are Already A Decade Old Reality . Specially The Most Important Thing That Make My Country India Proud Is Our Indigeneous Made UPI System . Even America Doesnt Have UPI Technology And Already Asked Indian Fintech To Transfer Technology . Digital India Is A Great Success .
Damn man, after listening this I feel Pakistanis are atleast 30-40 years behind from India in terms of Banking system. Giving one example , here for opening of bank account is going on Online like virtual account opening in video calls in 5 min. Even for transactions of as less as 1 rupees we are doing online with UPI transfer in real time. Even international transaction like from singapore to india , we are receiving and sending money within seconds. Like my some relatives are doing business in Singapore and there transactions are happening within seconds in India.
Main difference is Pakistani Banks, just gather Deposits, in other countries Banks try to increase deposits, but also try to give loans,even SME or individual could get good deals on business loans
In INDIA All These Things That You Dream As A Pakistani Are Already A Decade Old Reality . Specially The Most Important Thing That Make My Country India Proud Is Our Indigeneous Made UPI System . Even America Doesnt Have UPI Technology And Already Asked Indian Fintech To Transfer Technology . Digital India Is A Great Success .
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Damn man, after listening this I feel Pakistanis are atleast 30-40 years behind from India in terms of Banking system. Giving one example , here for opening of bank account is going on Online like virtual account opening in video calls in 5 min. Even for transactions of as less as 1 rupees we are doing online with UPI transfer in real time. Even international transaction like from singapore to india , we are receiving and sending money within seconds. Like my some relatives are doing business in Singapore and there transactions are happening within seconds in India.
Glad to hear that. Yes, we admit that unfortunately the Pakistani banking system is really far behind the neighboring countries.
Main difference is Pakistani Banks, just gather Deposits, in other countries Banks try to increase deposits, but also try to give loans,even SME or individual could get good deals on business loans
Bro in Pakistan SME customer have special treatment their markup is less or many more.