RBI( Reserve Bank Of India) has asked its own regulated entities (such as banks) to stop providing service to individuals or business entities dealing in cryptocurrencies for fiat (INR) on and off-ramps. Which means, you may not be able to buy/sell cryptocurrencies for INR through banks
But looking at the Crypto enthusiast of India no one can imagine what the future of the crypto is going to be India.
As per my own personal experience I can see a huge market of crypto in India.
A lots of new apps are being developed in order to facilitate the increased demand of crypto trade.
Many apps are planning to provide p2p services and also are planning for many different ways to fullfill the exchange requirement of the Indian Users.