At present ,Paypal is the best available option as a payment gateway.However,my interaction with my banks (ICICI &HDFC banks from India) says that interlinking of Paypal account with them is not possible.
UTI (EBS) has a Payment gateway which can be registered with certain formalities.But many websites dont recognise EBS UTI as a payment gateway.
So, for Indians doing Online business, what is the recommended method for transferring the funds from Paypal(or another pgw) to an account in the India.( or vice versa, tranferring funds from Indian a/c to Paypal)
A detailed answer is highly appreciable on this topic.