Can anyone list the name of the exchanges that allow to withdraw INR to friends/relatives account without asking for additional kyc?
Use P2P exchanges. For example...
1. LocalBitcoins.com - BTC
2. LocalCryptos.com - BTC/ETH/LTC/DASH
3. local.Bitcoin.com - BCH
LocalBitcoins will ask for KYC. Other two wont even ask for that. Just do make sure to deal with reputed users with lots of positive feedback. Otherwise, you might get scammed.