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