RBI issues compounding order for FEMA violations by Genpact India: ED

New Delhi, Dec 20 (IANS) The Enforcement Directorate (ED) on Saturday said that the Reserve Bank of India (RBI) has issued a compounding order under Section 15 of Foreign Exchange Management Act, 1999 (FEMA), in the case of Genpact India Private Limited, which has resulted in termination of proceedings against the company for alleged contraventions of provisions of the law.