According to me, it was best decision. RBI notification gave 3 months grace. It's finishing today, so they informed their customer on time, who want to withdraw can do on time because later they won't be able to process their withdrawal in INR.
Informed and stopped suddenly are two different thing , They stopped Deposit and withdrawal of INR which is not good decision , at least should give their customers some time to withdraw to banks , Stop deposit of INR and allow withdrawal of INR with a notice , Or possibly do all customer's assets withdrawal automatic to their registered bank before this stoppage , similar mechanism in place in Bitbns and i am glad there is zero issue till date for their deposit and withdrawal of INR .
They informed 2 weeks ago and stopped depositing/withdrawal today. So they gave enough time everyone. Not like other exchanges who did not talked about this.
Can you tell me any exchange with their bank account still working to allow deposit and withdrawals ?
So far till date Bitbns withdrawal smooth as usual . Not sure why Zebpay suddenly closed all . And Zebpay hinted about it yes but seeing Coindelta , Bitbns running smooth giving clear picture of Zebpay's intentions . If all exchange down for bank disruption then all official exchanges in India should be down by now . But why Zebpay closed shopped first that's the question .