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What is CMA Data? Explain in detail.
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Answer Posted / deepakk singh
it is data used to monitor and analyse the credit rating of any customer.. it is generally for the purpose of granting the Cash Credit or can be also called for Working capital grant..
it is a detail study of the financial position of the customer and is based on the tandon committee report for the purpose of grant of working capital..
it is a systematic format which reveals the actual position of the customer in relation to his credit rating.it is based upon an actual year, an estimated running year and two projected year \balance sheet and activity records.
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