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

Answers were Sorted based on User's Feedback



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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