Power of Reserve Bank to inspect authorised person [ Section 12 ]

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Full Text of the Document

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.... bank who is "specially authorised" in writing by the Reserve Bank in this behalf. The Reserve Bank may, at any time, cause an inspection to be made, by any officer of the Reserve Bank specially authorised in writing by the Reserve Bank in this behalf, of the business of any authorised person as may appear to it to be necessary or expedient for the purpose of- (a) verifying the corre....