Full formBanking & Finance
CMQstands forCredit Monitoring Questionnaire
Full Form of CMQ
What is CMQ?
The Credit Monitoring Questionnaire (CMQ) is a regulatory reporting tool used by Indian banks to monitor the credit exposure of large borrowers. Introduced by the Reserve Bank of India (RBI), the CMQ must be submitted quarterly for all borrowers with aggregate exposure of ₹5 crore and above. It captures detailed financial data, repayment track record, and early warning signals of stress. Banks use the CMQ to feed into the Central Repository of Information on Large Credits (CRILC) system, enabling real-time tracking of potential non-performing assets (NPAs). The CMQ is essential for identifying borrowers showing signs of stress (Special Mention Accounts) and for ensuring timely corrective action. It is widely used across public and private sector banks in India as part of the RBI's prudential framework. For banking aspirants, understanding the CMQ is crucial for exams like JAIIB, CAIIB, and RBI Grade B, as it reflects credit risk management practices.
CMQ का फुल फॉर्म
क्रेडिट मॉनिटरिंग प्रश्नावली
Example
As per RBI norms, our bank must file the CMQ for all corporate borrowers with exposure above ₹5 crore by the 15th of the month following the quarter.
CMQ — frequently asked questions
What is the full form of CMQ?
CMQ stands for Credit Monitoring Questionnaire, a regulatory reporting form used by Indian banks to monitor large credit exposures.
Who requires banks to submit the CMQ?
The Reserve Bank of India (RBI) mandates all scheduled commercial banks to submit the CMQ quarterly for borrowers with exposure of ₹5 crore and above.
How does the CMQ help in early detection of NPAs?
The CMQ captures early warning signals and helps classify accounts as Special Mention Accounts (SMA), allowing banks to take preventive measures before they turn into non-performing assets.