CMA Full Form
Sagarika (CA) (41 Points)
02 February 2008
Can you tell me What is the full form of CMA data which is filled up at the time of applying to bank for finance
53 Replies
(Guest)
For Bank-
CMA-Credit Monitoring Arrangement. CMA Data is used by banks to work out eligiblity for bank finance.
For Professional Institute Member-
CMA denotes Cost and Management Accountant/Certified Management Accountant/Chartered Management Accountant.
In India, Members of Institute of Cost And Works Accountants of India are known as CMA. ICWAI member can write CMA before their name.
CA Chaitanya
(PRACTISING CA)
(4283 Points)
Replied 03 February 2008
it is used for measuring the credit worthiness of the customer applying for the bank loan. You can download the file from the files section.
(Guest)
dear friend,
cma data is given by a person who has taken c.c. loan while incresing their c.c. limit. or when bank passes the c.c. loan monitor the credit wothiness of the payer by taking from them cma data. for a manufacturing party they had to submit project report while the trader has to give cma data even in reneual of c.c. ( may be one year ), the person has to submit c.m.a data. it depends on the bank regulation.
A BALUMAHENDRAN
(ACCOUNTS MANAGER)
(20 Points)
Replied 14 July 2008
| Originally posted by :Guest | ||
| " | Credit Monitoring Arrangement | " |
RAPHY OUSEPH
(CA)
(20 Points)
Replied 22 July 2008
| Originally posted by :Guest | ||
| " | Please send me a cma data format | " |
(Guest)
I have to apply for CC limit to banks, can anybody help me to provide CMA format in excel sheet for preparation along with appraisal note to be written to banks for their approval. As per my knowledge applying for CC limit for first time we have to submitt a note on production process cycle, and all other details. If anybody can forward me the required details.
Thanks
Akhil Agarwal
9820196760
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