Amendments to Directions - Compounding of Contraventions under FEMA, 1999

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....ory - I banks is invited to i. Directions for compounding of contraventions under FEMA, 1999, issued vide A.P. (DIR Series) Circular No. 17/2024-25 dated October 1, 2024 and ii. Master Directions on compounding of contraventions under FEMA, 1999, dated April 22, 2025 2. On a review, it is decided that the following clause shall be inserted as Para 5.4.II.vi in aforementioned Master Directions....