Issue of Indian Currency Note - Foreign going vessels - Instructions regarding

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Full Text of the Document

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....u are aware, Master of Ships or owners / agents of vessels are permitted to carry on board Indian currency notes of denomination up to Rs 50/- for disbursement of wages to the crew of the ships etc. In this regard, Indian National Shipowners' Association (INSA) had requested RBI to permit the foreign going vessels to take on board the Indian Currency notes of higher denomination, for disbursement ....