Paypal was expecting to resolve the issue by today but they foresee some more delay. From what is sounds, we may be able to withdraw our Paypal balance to Indian bank in less than 24 hours. This is my guess.
Farhad said that we can still withdraw funds either through check or to our credit card without any issue.
I quote him:
"It has always been possible for sellers to request a check or withdraw funds to a credit card, and these options are still available from the Withdraw Money tab of your PayPal account".
Reda the full story at https://www.thepaypalblog.com/2010/02/an-open-letter-from-farhad-irani-on-the-situation-in-india/
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