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LRS breach circular, FEMA

Issue Id: - 119732
Dated: 16-3-2025
By:- Scim R

LRS breach circular

Contents

What this circular? Any details can we get?

What's RFRC?

Circular No. International Retail/008/2020-21 for Compounding of Contraventions under FEMA – Customer communication in case of LRS Breach,

branch need to inform the customer about the LRS breach within 2 working days of receipt of the mail from RFRC.

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