Bank transfers from Paypal accounts have been stopped since 27 January 2010. Some ad networks are not resending the payments or even replying to emails regarding payments reversed by Paypal, even though they were sent by Paypal Masspay to business Paypal accounts, so some of the Paypal alternatives are:
Moneybookers
Liberty Reserve
PerfectMoney
AlertPay
Pecunix
EPassporte
Alipay
Web Money

Only a few of the above allow withdrawal/conversion to Indian Rupees for small amounts, but you can use the money for making purchases online like Web hosting, Domain registration or related services.