THThe Hindu·5hBusiness
score-0.35
Myntra Designs Resolves FEMA Compliance Matter With RBI Through ₹2.88 Lakh Compounding Settlement
Original
RBI issues compounding order for FEMA violations in Myntra Designs case
“Regulatory enforcement language ('compounding order,' 'violations') carries negative connotation, but modest penalty and procedural framing limit emotional intensity.”