Poonawalla fincorps
Poonawalla fincorps

Cma

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(Querist)
02 February 2015 How is the Drawing Power calculated for the WC finance? What are the documents that need to be furnished by the borrower to the bank?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
02 February 2015 Drawing power nothing but Maximum permissible bank finance can be calculated in 2 methods, you can refer the article in the link

https://www.caclubindia.com/articles/basic-concepts-of-cma-data-14555.asp#.VM-U_dKUeEw

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