State Bank of Sikkim can act as bank for crypto business in India as per RBI reply to an RTI

Below is the most important point of RBI reply to a RTI by an Indian Lawyer. According to the reply State Bank Of Sikkim does not come under control of RBI. Therefore, circular issued by RBI in 5th July to ban banks from having any banking relations with crypto businesses does not apply on State Bank of Sikkim.

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