Top banks of india supsends accounts of some major bitcoin exchanges

Top banks of the country have suspended some accounts of major Bitcoin exchanges in India on suspicion of dubious transactions.
Banks including leading ones such as State Bank of India, Axis Bank, ICICI Bank, HDFC Bank and Yes Bank are said to have suspended some accounts of top ten such cryptocurrency exchanges/platforms in the country such as Zebpay, Unocoin, CoinSecure, BtcxIndia, among others.
These banks have reportedly asked for additional collateral with 1:1 ratio on the loans the exchanges had taken. They have also capped cash withdrawals for the few accounts which are operational, , the Economic Times reported citing multiple sources.
Though most of the exchanges ET contacted did not respond, Unocoin said no bank has contacted them in this regard. "The banks have not contacted the company or the promoters regarding the actions you have mentioned," Unocoin Promoter Sathvik Vishwanath said.