Scotiabank, BMO profits rise as loan-loss provisions ease Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Fred Lum/The Globe and Mail
First-quarter profits at Bank of Nova Scotia and Bank of Montreal climbed back above prepandemic levels as concerns about bad loans ease and senior bankers are voicing growing optimism about an economic rebound this year.
Both banks set aside less money to cover write-offs in their fiscal first quarter, which ended Jan. 31, than in any quarter since the COVID-19 pandemic began – even when compared with the first quarter of 2020, before the coronavirus prompted lockdowns across North America. That reflects bankers’ confidence that they have adequate reserves to absorb losses from future loan defaults, and that spending and borrowing by consumers
Both banks tempered their optimism by acknowledging the risks of delays to vaccination programs in Canada, and new variants of COVID-19 that could spread rapidly, prolonging lockdown measures
IDBI Recruitment 2021 For 23 Bank Medical Officer (BMO) Posts, Apply Before February 24
Job Alert Published: Monday, February 15, 2021, 11:53 [IST]
The Industrial Development Bank of India (IDBI) has recently released an advertisement inviting applications for the Bank Medical Officer (BMO) Posts purely on a contract basis. The willing and interested candidates can apply for the IDBI Bank Recruitment notification 2021 through the prescribed application format before 24 February 2021.
IDBI Recruitment 2021: Vacancy Details
The IDBI Recruitment 2021 contains a total of 23 vacancies for Bank Medical Officer (BMO) posts. The interested candidates can apply by going through the official website idbibank.in.
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IDBI Recruitment 2021: Eligibility Criteria
Educational Qualification: The candidate must have an MD/MBBS Degree from any recognised institute approved by the Medical Council of India in the Allopathic System of medicine.