So all the news about the coin and crypto by Reliance was a FUD ?
These market giants can't be trusted.
Even if they have a plan for launching coins or tokens through ICOs they won't make it public as long as the Indian Govt. or SEBI officially comes up with some rules.
Maybe they will not come up with some coins initially as cryptocurrency is not a legal tender in India but can come up with tokens.
However, read in some news that SBI is supporting these cryptocurrencies and I have also seen SBI as future partner bank in some international ICOs. So, I don't think days are too far.