Banks In India Drop By Over 40% Since RBI Crypto Bank Ban

Banks In India Drop By Over 40% Since RBI Crypto Bank Ban

Some of the largest banks in India have fallen by over 40% in the last year since the Reserve Bank of India (RBI) decided to ban banks from offering services to crypto-related companies. During that time, Bitcoin surged by around 24%, which shows that the virtual currency was a better investment than traditional banks in the country.