law: Payment and Settlement Systems Act, 2007
  16. Power to carry
  
  out audit and inspection. -
  The Reserve Bank may,
  
  for the purpose of carrying out its functions under this Act, conduct or get
  
  conducted audits and inspections of a payment system or participants thereof
  
  and it shall be the duty of the system provider and the system participants to
  
  assist the Reserve Bank to carry out such audit or inspection, as the case may
  
  be.