Hi,

Some Indian exchanges like Zebpay and Koinex have disabled IMPS transfers. Koinex has made Rs. 50K per transaction limit and many other changes

https://medium.com/koinex-crunch/important-inr-transactions-update-d8d8a4f2479b

Also the Zebpay email starts like "Due to situations beyond our control" and koinex update states "Until further notice, INR deposits and withdrawals will be highly structured, monitored and controlled."

Is the govt imposing some restrictions?