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ARTICLE · 04 DECEMBER 2025

AKP Banking & Finance Digest December 01, 2025

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We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at [email protected].

GlobalFinance and Banking
Anuroop Omkar
Anuroop Omkar

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at [email protected].

1. Regulatory Updates

1.1. India

Reserve Bank of India (RBI)

1.1.1. RBI revises bank account details for FEMA compounding payments

Reserve Bank of India (“RBI”) has amended its Master Directions on compounding of contraventions under the Foreign Exchange Management Act (FEMA), 1999 to change the bank account to which applicants must remit the compounding application fee and the “sum for which a contravention is compounded” through National Electronic Fund Transfer (NEFT) or Real Time Gross Settlement (RTGS). Annexure I of the April 2025 Master Directions has been updated to reflect the new account particulars.

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