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Moody's lowers Spanish banks' ratings, borrowing costs rise

Last Updated: Friday, May 18, 2012, 10:58

Spain's Treasury auctioned 2.5 billion euros (USD 3.18 billion) worth of bonds maturing in 2015 and 2016 Thursday, but was forced to pay sharply higher interest rates.

LICHFL Q4 net slides 19% to Rs 254 cr on provisioning

Last Updated: Thursday, April 26, 2012, 00:52

LIC Housing Finance (LICHFL) today said it has posted a 19 percent dip in net profit for the fourth quarter ended March 31 at Rs 253.6 crore on higher borrowing costs and provisioning.