Yesterday was a heavy discount day for Indians. There was so much panic selling in all exchanges in the Indian crypto scene. Bitcoin went as low as $5k equivalent. EOS went down to $4, xrp went down to 25 cents equivalent to indian currency(INR).

Zebpay one of India's biggest exchange is sending caution emails to all customers, stating they understand the risk

RBI has recently issued communication about discontinuation of services by RBI regulated entities (banks/payment gateways) for purchase and sale of Bitcoin and other virtual currencies.
We remain committed to keeping customer funds and assets secure, and are exploring various options. However, sudden disruption in banking services could affect our ability to service deposits and withdrawals, until banking services are restored.
Please keep this risk factor in mind while making your investment decisions.

A revolution to make india at the forefront of the blockchain has picked up momentum among all crypto investors and a petition is created on change.org for the same. You can find the petition here It will be great if some of you could sign the petition too. I'll post more update on this matter if I notice any more unusual govt interference in the Indian crypto market.