Banking and Deposits

Could you explain what do you mean by banks holding illegal transactions?

Sorry, The proper word is legitimate transactions!
I'm trying to invest in Crypto and banks aren't allowing me to deposit and margins which they are collecting from forex Exchanges are damn high.

There was some confusion because of restrictions earlier imposed by RBI which has now been set aside by the supreme court. RBI recently clarified that no restrictions are applicable now. Just forward this clarification to be bank. This might solve the issue.

Nope, Do you think that's so simple ?
Fintech and crytpos are potential bank killers and that's why they are gonna make it tougher for people to access as long as they can.
At the same time they are using our deposits and holdings to stack up on dips and hold leverage on us in the future. it's like they are using our money and buy at cheaper rates and sell it to us at higher price. yada yada you get context!

I want to go through the limitations and figure out why can they hold transactions and what laws will permit us to have better access to our funds. can they be customizable and how can we trade in other countries by being in India and what are the laws about it?
Can I find any source or info regarding this, so that we can simplify ?
If any of you guys who read this can help me on this please do ping me via Contact number in DM.
I can pay a little for the work and if someone is willing to help during whole process. we can negotiate a good deal.

Thank you

Yes, rbi gave permission just very recently. The banks have to update their systems, soon, you can do trading.

That's not it, could someone mention about the references or Study materials which I could use for further analysis.

RBI creates a whole new norms for this. You can google it and something might turn up which is of use to you.