What Is Credit Monitoring Arrangement (CMA) And How to Prepare CMA Data
Credit Monitoring Data is the financial report of the business that gives complete information about the leading institution about their past performance and an analysis of their future growth. CMA report has been in operation since 1988 and is the key to control credit. The Reserve Bank of India has mandated all banks to prepare CMA data before lending loans to large borrowers. CMA data is required for all types of loans i.e., project loans, term loans, and for all types of finances.
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