Last week three Indian exchanges were facing INR withdrawal issues. I am not going to name them as I got the information from a Telegram channel. I can confirm one exchange name as I am part of that exchange telegram channel. When questioned by the user they claimed they were having issues with the Banking partners. If I am correct most Indian exchanges use Paytm bank to process INR withdrawals. It is a possibility that it might be a banking partner issue. The reason for this topic is to keep everyone aware of this issue. Please ensure that you don't put a big withdrawal request and avoid placing a request on Bank holidays.
If anyone here has faced any INR withdrawal issues recently then do share it with the community.
I don't use any Indian exchanges so I didn't know that. But if this is happening again, it means the bank might have received some kind of secret directives from RBI to create issues for crypto exchanges. Or the bank is just doing their periodical due diligence. In a nutshell, Indian crypto exchanges are most unsafe for Indian users. Unless there is a structured legal framework put in place, such issues will keep on happening over and over again.