What is the QIS Report? what is the use of QIS Report in brief?

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What is the QIS Report? what is the use of QIS Report in brief?..

Answer / h.r. sreepada bhagi

QIS(Quarterly Information System) Report needs to be
submitted by a company, firm or any business entity to the
bank from which it has borrowed money (Term Loan, Working
Capital - Cash Credit, etc.)

This report has to be submitted to the bank in the format
prescribed/provided by them to keep them informed about the
performance & position of the business entity. The due date
or periodicity will be communicated by teh concerned bank to
the borrower.

Is This Answer Correct ?    272 Yes 20 No

What is the QIS Report? what is the use of QIS Report in brief?..

Answer / hanumanthu.a

QIS(Quarterly Information System) Report needs to be
submitted by a company, firm or any business entity to the
bank from which it has borrowed money (Term Loan, Working
Capital - Cash Credit, etc.)

This report has to be submitted to the bank in the format
prescribed/provided by them to keep them informed about the
performance & position of the business entity. The due date
or periodicity will be communicated by teh concerned bank to
the borrower.

Is This Answer Correct ?    81 Yes 11 No

What is the QIS Report? what is the use of QIS Report in brief?..

Answer / hanumanthu.a

QIS(Quarterly Information System) Report needs to be
submitted by a company, firm or any business entity to the
bank from which it has borrowed money (Term Loan, Working
Capital - Cash Credit, etc.)

Is This Answer Correct ?    61 Yes 12 No

What is the QIS Report? what is the use of QIS Report in brief?..

Answer / vinitha

QIS (quarterly information system) is a report need to be prepared & submitted by the company,firm or any business concern to the bank from which it has borrowed money in terms of loan ,working capital or cc etc...
This report contains a Estimated annual projections of a company on quarterly basis

Is This Answer Correct ?    12 Yes 1 No

What is the QIS Report? what is the use of QIS Report in brief?..

Answer / hemantkumar

QIS (quarterly information system) is a report need to be prepared & submitted by the company,firm or any business concern to the bank from which it has borrowed money in terms of loan ,working capital or cc etc...where CC limit is >or= 5.00 crore otherwise QIS is not applicable
This report contains a Estimated annual projections of a company on quarterly basis(QIS1). Actual position of last quarter(QIS2) and half yearly position sept or march as per the quarter(QIS3)

Is This Answer Correct ?    12 Yes 1 No

What is the QIS Report? what is the use of QIS Report in brief?..

Answer / vivek kumar singh

QIS statements are required to be submitted by borrowers enjoying working capital limits of Rs 10crore and above

Is This Answer Correct ?    2 Yes 0 No

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