Hi Knight22,
I'm looking to try the process of buying BTC through Netbanking - holding it for a while - selling BTC - transferring funds back to bank account. The only easy place for buying BTC right now seems to be Localbitcoins.com and there is only 1 seller there with ratings (Bit_India). He is asking for over 3k INR per BTC, which i think is almost a 50% markup on the current price but it's okay for me since i just want to buy 1 BTC and see how the pathways for INR-BTC-INR work. Will i be able to sell that 1 BTC on Mt. Gox (i verified my account there) and get a bank transfer back to my account?
Best,
Karan