Cma
This query is : Resolved
02 February 2015
How is the Drawing Power calculated for the WC finance? What are the documents that need to be furnished by the borrower to the bank?
02 February 2015
Drawing power nothing but Maximum permissible bank finance can be calculated in 2 methods, you can refer the article in the link
https://www.caclubindia.com/articles/basic-concepts-of-cma-data-14555.asp#.VM-U_dKUeEw
https://www.caclubindia.com/articles/basic-concepts-of-cma-data-14555.asp#.VM-U_dKUeEw
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