Paypal to India Withdrawals Update

Hold the Champagne, the problem is yet not solved. While all of us must have heaved a sigh of relief when we saw our monies into our accounts a week ago, it still cannot be withdrawn. Here is what Farhad Irani from PayPal says:

We were hoping that our merchant customers would be able to start withdrawing their funds at their local bank by today, but it looks like this will still take some more time. I understand your frustration and want to let you know that we are doing everything we can to free your funds.

So, basically it means that the problem is still not sorted out.