It is a good speculation, am thinking in the same way.
What RBI says is totally irrelevant because Reliance has always been a very strong lobby for any indian government - so if they launch their coin, they will make it legal.
We have to wait for the exact details about the coin and even if it becomes legal, that does not mean bitcoin or other cryptos will be taken in with the same status.
me too think the same. i really hope jiocoin comes out soon just to flush out the ban theories