Yes Guys !
You've read the fact. As we all known that Reserve Bank of India (RBI) has instructed to all the Indian Banks for stopping transactions with Virtual Exchanges in April 2018.
Now, on 5th July, the given timeline has completed and all the Indian Banks has broke their connection with Exchanges.
But, We are here for introducing an Indian Bank which is not regulated by RBI. Its name is State Bank of Sikkim. This bank is handling treasury functions of Sikkim Goverment.
We also have checked that Current/Saving Account can be opened there if you've the required documents for KYC.
If Indian Exchanges can go through and meet with bank's higher authority then it can be possible because as per one of the report submitted by Comptroller and Auditor General (CAG) of India, declared that State Bank of Sikkim generated 86 percent of the total profit earned by the state owned PSUs during the year.
We hope, we will do buy/sell our Loveable Crypto with INR, without any tensions. Please spread until Indian Crypto Exchanges are notifying this.
Keep Support :)