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What is CMA Data? Explain in detail.
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Answer Posted / usha n
CMA data means Credit Monitoring Arrangement. It is a tool used by the banks to assess the performance of a company based on the projections of the previous three years and projections for the next 4 years in order to grant a working capital limit/term loan for a company. It avoids unnecessary paper works and a very useful tool for assessing the credit limit to be given to new borrowers.
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