NEW DELHI, Oct. 23 -- The Government of India issued the following FEMA circular:
RBI/FED/2026-27/298
A.P. (DIR Series) Circular. No 28/2026-27
October 23, 2026
To,
All Authorised Dealer Category-I banks and other Authorised Persons
Madam / Sir,
Delegation of Compounding of certain Contraventions under FEMA, 1999 to Regional Offices of the Reserve Bank
Attention of Authorised Dealer (AD) Category - I banks and other Authorised Persons is invited to
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A.P. (DIR Series) Circular No. 17/2024-25 dated October 1, 2024 and
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Master Directions on Compounding of Contraventions under FEMA, 1999, dated April 22, 2025
2. As laid down in the above directions, the applications for compounding of contraventions pertaining to transacti...