RBI has vide its circular dated 13th December 2011 delegated the power of compounding for FEMA contraventions to the Regional Offices at Ahmedabad, Bangalore, Chennai, New Delhi, Mumbai, Hyderabad & Kolkata without any amount limits and to the Regional Offices at Bhopal, Bhubaneshwar, Chandigarh, Guwahati, Jaipur, Jammu, Kochi, Patna & Panaji upto an amount of Rs.100,000/-. The contraventions involve delay in reporting inward remittance, delay in filing of form FC-GPR and delay in issue of shares upto 180 days from the receipt of remittance - all FDI concerned. Copy of the RBI circular can be found here
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