 "Should investors at PTC India Financial be worried?")
PTC India Financial Services (PFS), which has been facing probe over alleged governance issues, on Monday said that a lender-appointed auditor has given satisfactory report on its business operations.
Last month, capital markets regulator Securities and Exchange Board of India (Sebi) had asked PFS-- a Non-Banking Finance Company (NBFC)-- not to make any changes to the company's board till the completion of the forensic audit.
The forensic audit began after former chairman and outgoing independent directors of PFS raised governance and other issues in January this year.
Agency for Specialised Monitoring (ASM) appointed by lender/s said the company is maintaining required level of
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