New Delhi: The Enforcement Directorate on Saturday said the RBI had issued a compounding order for Genpact India, against a one-time payment, resulting in termination of a FEMA against the technology major. It issued a show cause notice to the firm and its directors in the same month ( and initiated adjudication proceedings. Genpact subsequently filed an application before the Reserve Bank of India (RBI) for compounding of the said FEMA "contraventionAdvtBy ,PTIJoin the community of 2M+ industry professionals. All about ETLegalWorld industry right on your smartphone! Download the ETLegalWorld App and get the Realtime updates and Save your favourite articles.
Source: Economic Times December 23, 2025 07:57 UTC