Registration for CMA data

CMA data Registration


Meaning Of CMA Data

Credit Monitoring Arrangement, commonly known as CMA Data is the financial report used by lending institutions to appraise and analyse the financial position of a company before lending. Under the present rules, the Reserve Bank of India has mandated all banks to prepare CMA for lending to large borrowers. Hence, CMA data is required for project loans, term loans and for working capital limits.

Why CMA Data Is Required?

CMA gives a financial blueprint of a company performance year-on-year. The overall financial health, eligibility for loan, repayment capacity, etc., can be determined with the use of CMA data. A properly planned and well drafted CMA Data is sufficient to establish eligibility for loan.