This data is provided by a company to bank for getting the loan from bank. Bank analyzes this data and then take the decision of giving loan to a company. In CMA data, we can include 2 years balance sheet and 3 future projected balance sheet of company.
CMA Data (in banking terms) is the short form of the term Credit Monitoring Arrangement Data, which is prepared to determine the borrowing capacity of the business organization. It has to submitted by the borrower to the bank, in case of nationalized banks.
**CMA REPORT** CMA means Credit Monitoring Arrangements. This full form of CMA is as given by Reserve Bank of India. For arranging working capital finance information about income, expenses, assets & liabilities is required to be given in a specific format to the bank by applicant. This specific format is referred to as CMA Report / CMA Data. Audited P & L A/c & Balance Sheet of at least last 1 year, estimates of current year & projections of next at least 2 years are provided to bank by the applicant along with Funds Flow Statement, Ratio Analysis, Comparative Statement of Current Assets & Current Liabilites & Statement of Maximum Permissible Bank Finance. Number of years for which data is required may vary from bank to bank. Even after getting the finance such data is required to be submitted to the bank periodically. Thanks