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What to show in cc limit utilisation
I have a query regardng Bank Limit Utilisation. The Rating agencies are askig about the CC Limit Utilisation for past 12 months.
Which figure should be shown, whether it is month-end balance or the highest amount at anytime during the year.
Replies (2)
Since they have asked for utilisation of last 12 months, provide detailed figure of highest amount utilised at any time during the year, limit overdrawn if any and for how many days, also provide monthend balance.
Thanks CA Neha Agrawal !
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