MUMBAI, India, Nov. 24 -- Reserve Bank of India issued the following notification:
RBI/FED/2025-26/98
A.P. (DIR Series) Circular. No 15/2025-26
November 24, 2025
To,
All Authorised Persons
Madam / Sir,
Amendments to Directions - Compounding of Contraventions under FEMA, 1999
Attention of Authorised Persons is invited to Master Directions on compounding of contraventions under FEMA, 1999, dated April 22, 2025.
2. In order to streamline the receipt of compounding application fee and 'sum for which a contravention is compounded' ('compounding amount'), it has been decided to change the account details of account where compounding application fee and compounding amount will be received through National Electronic Fund Transfer (NEFT), ...