Will Digital Rupee kill UPI, Cash and Banks? | Assetyogi Show #5

[@AssetYogi]

Join All-In-One Video Finance App here: vidfin.com/ Enjoy Free Access to select Financial Insights & 1st Chapter of all the courses.

[@spsingh2277]

Side camera not required

[@DeepakJAT0007]

It's irritating too

[@aakashsuryavanshi4692]

Right 👍

[@rajnishdadwal]

If you use it with better angles, not adjacent but some where in between front and side will give a better documented video..cheers

[@overcastconditions]

Absolutely very irritating

[@Nagdeosingh1]

😅😅😅😅😅😅

[@mansoor1shaikh]

Very informative as usual, since long your subscriber. Thanks ...!

[@AnupamSingh-k5t]

My 2100 Rs is blocked and transaction in processing stage from last 21 days in kotak digital rupee wallet and there are no customer care number, in app support always show error.... Never use it for bigger amount.

[@sanketparmar5173]

e rupees is a scam.

[@arunp8212]

Thanks for the info. Will wait for the system to stabilize before trying out.

[@gouravfromuk]

Damn it, i just installed kotak digital rupee but it was asking my debit card details and i dont have it at the moment 😂

[@thewhitewolf3272]

Kuch solve hua kya ?

[@avikdey6818]

Agreed to all points,must needed this process very quickly

[@ajayraval5130]

Nice video about digital rupees .🎉🎉🎉

[@e19365366]

Sir ji Aapne iske limitations nahi bataye. Iske limitations ka Part-2 video banaeeye.

[@ManpreetSinghMZN]

I will never use cbdc. It's against privacy of user. Virtual money is designed to have self control over the money, not to be centralised.

[@bhavyaprakash8085]

Basically the Banking CBS system is getting affected due to the tremendous high volume of transactions on a daily basis done by UPI and MMT, so even for a single penny transaction happened through the CBS system which may later increase load on the system. Now the banks are not earning any revenue through UPI and MMT. So they are not interested in increasing their server Bandwidth. So they are looking for another option of bringing block chain technology to avoid any transaction through the CBS system. So simple.

[@kaviwardhman]

Wow, you gave a solid logic which I was not aware of.

[@purnimachaudhari]

Banks are not free to do it,, they are bound by banking act. All participating banks are compensated by RBI yearly for UPI. This year bill grew upto 2000 crore rupees. Of course same burden is shared through enhanced taxation from all.

[@deepblue6216]

utility wise itz similar to mobile wallet?

[@gopalraichura4602]

Excellent video as usual. How could you not mention UPI Lite which is again for same purpose

[@talkshow966]

Yes right me bhi daily ke rs.5 -10 ke payment UPI lite se karta hu..chai paani ka...

[@purnimachaudhari]

I think UPI Lite was brought 'cause. to get habitual to wallet system. The same system is used by CBDC apps.

[@SaurabhKumar-rd2ll]

When you send money through UPI lite. The money is recieved in UPI not in UPI lite of receiver.

[@SaurabhKumar-rd2ll]

UPI is bank dependent where as e rupees once generated it is free form bank i.e. bank does not involve in e rupees transaction.

[@purnimachaudhari]

@@SaurabhKumar-rd2ll Saurabh ji, all banks who are issuing CBDC app,,, are authorised for CBDC use.... Not others.

[@mapupatelpithavadi3243]

Jay Bharat Very nice step by step easy understanding way. Good wishes for your future

[@Pradeepch21]

Whoever idea was to have side camera, absolutely not required

[@estatelinkers]

There should be both options, if anyone wants to use digital then can or if someone wants to use cash can use it. - the government should provide both to the public as per the flexibility.

[@purnimachaudhari]

Now smaller currency notes/coins, are not easily available,even at banks.

[@purnimachaudhari]

Government will not ban cash but fresh printing will be stopped.. If anybody have cash, he can use it but getting cash,,,, But acquiring cash will be very difficult.

[@prahagude]

UPI lite is also Digital Wallet and small transactions are being done extensively and advantage of Digital Wallet of CBDC is not there.

[@Guddu-Kumar-Sah]

Thanks 🙏

[@Priya31A]

Thank you so much for your efforts sir 🎉

[@ashishgang]

Cbdc app server is maintained by RBI (not any bank) then if RBI server down then how it will work???

[@edwarddcosta8]

😂

[@DeepakJAT0007]

Lunch ke baad aao

[@Twitter_Timeless]

Very well explained. Thanks.

[@vijaydeswal1379]

Sir, limitations bhee bataiye......

[@Prithvichouhan406]

how one can withdraw money in physical form from a digial wallet , if we do not have a bank account..?

[@purnimachaudhari]

This facility is not needed because all CBDC account holders are having bank apps only. Wait for future pl.

[@meetgala]

Excellent video and clear explanantion!

[@surendrakumar4555]

जानकारी अच्छी लगी ! धन्यवाद !

[@imlijamirr287]

Can we use e rupee to transfer money to Gpay or for payment of purchases please?

[@Tapankumarr12]

I feel, the main problem with CBDC is Anonymity. Police and law enforcement will bully us. I think cash will still be king unfortunately. However, if there is Anonymity for say upto 50k-1L ₹, then things will be easy to adapt..

[@purnimachaudhari]

All transactions above ₹10,000/-in saving account are referred to IT. This is not way out. esp when he dies not pay IT. One needs source of legitimate income to spend as per Finance minister.

[@anifmohammad4015]

Unique topic

[@pratikpatel5921]

Excellent knowledge video, thank you for that.

[@faisalmohammad2516]

So will digitap wallet tell me how many notes i have of 100 denomination or 50 denomination if we are going to have serial numbers too?

[@dancingdev1088]

Yes serial number on all notes in your wallet

[@purnimachaudhari]

Note number of notes by pushing one note at a time. At present there is no other way.

[@purnimachaudhari]

Note number of notes by pushing one note at a time. At present there is no other way.

[@muratukuthrai5735]

@@purnimachaudhariyou can enter the total amount you are wanting to have in your wallet this option is available.

[@trilochan1990]

Nice and very informational video

[@aabhise]

How can digital cash be used by Indian national during his foreign travel ? Which countries can be covered ?

[@Skinnybearr7543]

Very informative video

[@biswabhusanpradhan324]

Bahut detailed mein samjya ya hey..thak q

[@Vikas-pv3ie]

It is certainly a must have technology mainly because we shouldn't be in a position that other countries have it and we don't. But I don't see much benefit of it. The biggest benefit is lower value transactions which is really not a big need. But there is a big disadvantage that it will give Govt full visibility on where all notes are moving. This is something which is not possible today and it will give Govt a new power. Which if used positively, will reduce crime but if used negatively, will create a big brother state.

[@littleheartrahul]

Exactly my thought, it is a tracking system,

[@purnimachaudhari]

Why government tracks money,, to detect unaccounted, black money only. If one is not indulged in shady business, why fear?

[@n4nyn208]

Thanks for keeping us updated. I have a query though, first use case you mentioned, through digital wallet transactions there won't be intervention of banks. But only by linking to bank accounts can we store the money in digital wallets right? So, is the non intervention of banks that you talked about applicable only when both parties have already added money to wallets from their bank accounts?

[@purnimachaudhari]

Sir, Running project is pilot only, not final version.

[@purnimachaudhari]

Sir wallets are not for storing money. It does have money limited to expenditure. If there is balance, remit it back to bank account. One will get interest also. When need arises, fill wallet from bank. Loading is very fast.

[@rajkapadia1466]

Sirji, digital wallet require must ATM Card last 6digit and expiry date. So, without bank account it's not possible

[@purnimachaudhari]

To have a bank debit card and need of bank, both are different things. One can load via any bank/voucher like mobile top up voucher(yet to be introduced) However one can load CBDC, via UPI account app too.

[@rajkapadia1466]

@@purnimachaudhari are you using via you app ??

[@explore4403]

​@purnimachaudhari ji ,thanks, I was looking for this info but didn't find anywhere else.

[@Abhinash_Sarkar]

Best information for eRupee

[@bhushanjoshi3867]

Great 😃 👍

[@VivekSharma_IT]

Can we make UPI payments using digital rupee?

[@bhuneshwarsingh630]

beautifully explained

[@SamarthDThakore27]

How change will be handled? Incase the receiving party does not have the requited denominations? (Considering, its equivalent to hard cash, new notes may not be randomly generated)

[@Zaxmails]

As your digital cash is also linked with your bank, one can at any point of irrespective of location exchange cash with his bank and pay the amount.

[@deceptive1992]

For dgital wallet account creation, we. Need to have bank account. It cannot be without linking our bank account

[@SubrataDeb786]

So nice discussion

[@ABDULMANNAN-qz2si]

Bahut achhi jankari. Sir, I am a beginner . Kya kisi company ka total interest = debt to equity +operational ratio ka interest coverage, In dono ko jorker(+) hota hai kya ? Please reply kare sir .Aap bahut sahi batate hain .Dhanyabad .

[@vishnubhaisathwara5304]

SBI Digital application do work properly....... Good video.

[@MikeyGenZ]

Get ready guy bhot jald UPI transaction pr charge lagne wala RBI ki taraf se taki log E₹ use karna start kar de 🤦🏻

[@mahendrasahoo6832]

One more distinction between digital and physical rupees is that the former can be counterfeited, while the latter cannot

[@radicalpotato666]

How? Can you elaborate? You probably meant the latter can be counterfeited.

[@swaminarendra]

Very well explained

[@AbhijeetBhasmeaaban]

Definitely ye video viral hoga aur definitely aap acha kam kar rahe ho aur definitely aap aur achhe topic leke aaoge😅😅

[@kaviwardhman]

Definitely

[@AkashWWD]

Sir Stock Martet Series pr vedio banai For Beginners

[@vijaykumarkhamitkar1272]

For this transaction other party must have digital wallet?

[@atul58]

Practical दिखाइए।

[@srikar2311]

The challenge will be in theft issues when phones are lost or stolen.

[@vivekrajpootofficial-01]

Sir mera pnb digital rupee me payment load kar rha hu to wallet kuch exceed limit bta rha or redeem kar rha hu tab bhi wallet axceed limit bta rha or kisi ko transfer kar rha hu same bta rha kya karu sir please help ❤❤❤❤

[@codexgaming376]

Sir kya sip mai invest karna chahiye ya nahi

[@AssetYogi]

Will cover this in detail

[@codexgaming376]

@@AssetYogi ok sir

[@hirockbhowmick]

I think UPI Chargable ho jayga!

[@CHARANSINGH-lk5wb]

Icici fasttag Mei upi chargeable ho chuka h

[@aditya.rajoriya]

​@@CHARANSINGH-lk5wbkotak bank m bhi

[@purnimachaudhari]

भौमिक जी, UPI मे बँकको रेकाॅर्ड रखना ही पडता है जिसके लिये MDR की सुविधा है जोडलेले 1%से 3% तक होता है.. भारतमे MDR कँसल नही किया है लेकिन Zero किया है कभीभी चार्ज लग सकता है दुनियाभर मे लगता भी है I ऐसा कुछ भी CBDC मे नही है चूंकि यह कॅश ही है IUPI कॅश नही बल्कि एक पद्धति है I UPI और CBDC दोनो ही RBI के ही मातहत है I कल चल के भी CBDC ॲप बँकके पास ही रहेगा या फिर RBI एक नयी कंपनी भी तैय्यार कर सकती है I आज ही अगर UPI 3% MDR लगा दे तो सारे CBDC मे आ जायेंगे I जो RBI नही चाहती I CBDC ॲप द्वारा, आज ही ₹500/-के नोट RBI,,, बँकोसे वापस बुला रहा है I RBI जब बँक को e₹ देता है तब पेमेंट केवल ₹ 500/- के नोट मे ही होता है और किसी बँक ने ₹200/- e₹ माँगा, तो RBI ₹ 500/-नोट, बँकसे लेता है ₹100/-के तीन नोट वापस करता है और ₹500/-नोट अपने पास कारवाई के लिये रखता है, वापस बँक नही भेजताI

[@naresh0330]

Cash ko use kro online k chakkar me mat aao

[@naresh0330]

Cash is king....old is gold

[@inderjeetsingh5382]

UPI lite is there digital rupees is also there, would be interesting to see ahead

[@sunilsonawane9092]

Well explained 😊

[@shubhambothara672]

E wallet me paise add kaise krna ? Paise ayenge to hi transfer kar payenge na ?

[@multyvit]

What will be the procedure to Load e₹ wallet? If some one who don't have any bank account then what they will do?

[@GauravSharma-upcop]

Sir Lic aur PIL k liye video bano isme kon best rahega

[@AnkitGupta-pc9oj]

What is the difference between digital rupees and wallet amount (paytm, phone pay). I guess these are same except currency identifaction like unique number etc. please explain

[@saexch]

isase global trade aur rupee ko globalcurrency banane mein koi madad milegi ?

[@sanjaymaske3714]

Kaun se app se ise use karna hai vah batate to bahut achcha hota😊

[@DTUSEM]

How it will reduce financial crimes explain please? Only saying is not enough.

[@edwarddcosta8]

Money can be tracked down

[@aanchal.12]

sir how will money there be in these wallets , is it linked to bank accounts?

[@satishmundari3]

Thank you ❤

[@parmarkrishna]

No store is accepting digital rupee

[@abhisheknagar181]

can we use it now

[@Khudmukhtiar]

Sir what is standard of one rupee?

[@Marwadi_Men]

मैं पिछले 6 महीनें से use कर रहा हूँ।शानदार चल रहा है मेरा e Rupi ....

[@aasutoshgupta4480]

Ager hamara phone kho gaya to digital cash bhi gaya, Per digital cash ka sabse bada fayda tab ho sakta hai jab ham kisi aise jagah per ho jaha network na ho aur Bluetooth ke jariye transfer ker sake.

[@workbiolife7117]

3:30 but we also carry our mobile phones that can be robbed

[@yogeshn1833]

Informative video.

[@aakashsuryavanshi4692]

My Suggestion is more than 10000.00₹ UPI payment 1₹ charge must be. Side camera not Required I think

[@mankijarika7724]

very good working e rupee.

[@anand.kayastha]

If UPI becomes chargeable, then better n wise to use cash

[@snehashisbehera9947]

What about buying car or house payment restriction??!?

[@vikasnath532]

Sir online fraud will increase in this case and illegal case of transition will increase .I think .is it so ?

[@mjfanankit]

Something like this can wipe out corruption, we can put logic that money can be used for certain purposes only.

[@akandas1175]

Will e rupee launch in crypto exchange?

[@rakesh_singh03]

Offline transaction ho sakta hai ki nahi.?

[@manojsrivastava3312]

Video is very good and informative but I m user kotak digital rupee, no customer care is working and no one is answering my query regarding unsuccessful transaction neither app,and neither branch ,i think it is started without proper preparation and training and I m suffering this as a customer

[@avi143147]

Can i e-money transfer to bank a/c

[@debjanilaha8718]

How can we get digital rupee in our wallet/ mobile phone if our bank is not invoved directly?

[@abhijeet31392]

Bhai sahab, ground pe customer ko thikse cheque/withdrawal slip bharne nahi aata, debit card ka pin set nahi kar pate log, upi karneke baad passbook print chahiye logo ko. Rs 200 500 nikalne ke liye bhi log adha adha ghanta line me khade rehte hai. Digitalization bass urban aur metro cities ke young logo ke liye hai ,aaj bhi majority log bank me hi jake withdraw karne ko safest maante hai

[@justhrsupremacy]

True

[@purnimachaudhari]

But bank withdrawal is becoming costly day by day. even via ATM. Withdrawals have limitations otherwise heavily chargable including ATM service. Beyond 3 to 5 transactions per month.

[@VijayMunda]

If someone has no job or salary, he is earning 5-6 lakhs annually through share market only using intraday and swing trades. Is he supposed to pay according to the income tax slab rate or STCG tax?

[@jerryhairart446]

Digital India,, Future of India......,, Digital money

[@gurpalsandhu8722]

Sir digital cash mai investment kaise kar sakte hai

[@VickyKumarverma]

चिल्हर समस्या तो बनी रहेगी upi बेस्ट हैं सबसे

[@purnimachaudhari]

Being UPI free, no one, except enthusiast are ready to open CBDC wallets. Scenario may change after payment agregators like Phone pe, may be issued licenses to deal in CBDC.

[@1947pateldharmesh]

E rupi fon me kaha pe save hogi kya process he

[@rajparab5051]

ek major issue solve hua hai e rupi se e rupi wale cash ko easily government block kar sakti agar aap government ko galat bolenge sahi hai phir government ko koi oppose bhi nahi kar paayegaa

[@nirmalvikasmishra312]

Sideview angle not required

[@prashantgautam9304]

Well informed

[@spktabpna]

If banks aren't involved in CBDC transactions then why banks are developing erupee wallets? Why RBI didnt develop one apps that all users can use. If banks aren't involved then why can't I sign up without bank account /debit cards?

[@gouravfromuk]

Bhai but why do i need it at all?

[@manishrana1992]

Sir digital cash ki koi aap aa gyi h ya aane wali h

[@AssetYogi]

Different banks have different e-wallet banks!

[@roshanward5174]

Sabhi deshon ka payment system se compare Karen apna upi payment system is per ek video banaen

[@goodtogo7059]

For normal person how is digital rupee different to debit or credit card since it’s the same value?

[@avikdey6818]

Hmmm NEAR FUTURE THERE WILL BE NO BANK