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<h1>Central bank issues consolidated master circular on remittance facilities for non-resident Indians, persons of Indian origin and foreign nationals</h1> A central bank master circular consolidates existing instructions governing remittance facilities for non-resident Indians, persons of Indian origin and foreign nationals under the Foreign Exchange Management Act and related notifications, addressed to authorised dealer Category-I and authorised banks. It compiles underlying circulars/notifications in an appendix and is issued with a one-year sunset clause, to be withdrawn and replaced by an updated master circular on July 1, 2010.