CMA-Credit Monitoring Arrangement. CMA Data is used by banks to work out eligiblity for bank finance.
For Professional Institute Member-
CMA denotes Cost and Management Accountant/Certified Management Accountant/Chartered Management Accountant.
In India, Members of Institute of Cost And Works Accountants of India are known as CMA. ICWAI member can write CMA before their name.
cma data is given by a person who has taken c.c. loan while incresing their c.c. limit. or when bank passes the c.c. loan monitor the credit wothiness of the payer by taking from them cma data. for a manufacturing party they had to submit project report while the trader has to give cma data even in reneual of c.c. ( may be one year ), the person has to submit c.m.a data. it depends on the bank regulation.