Four-day repos results: The RBI on Tuesday mopped up Rs 115 crore through four-day 8 per cent fixed-rate repos for parties holding SGL and current accounts. The central bank received one application and accepted it.

Extol Financial registration plea rejected: The RBI has rejected the application for certificate of registration submitted by Extol Financial Services. "The company will not be able totransact the business of a non-banking financial institution as defined in Clause (A) of Section 45 IA of the RBI Act," an RBI release issued on Tuesday stated.

Crisil lowers Kirloskar Oil debt rating: Crisil has downgraded three non-convertible debenture programmes of Kirloskar Oil Engines Ltd amounting to Rs 39.17 crore from A to triple-B. The company's fixed deposit programme has also been downgraded to FA- from FA. The ratings factor the company's strong market position in the small engine segment, medium engine segment and bimetallic bearings and its above-average financial flexibility.

Crisil downgrades Purolator debentures: Crisil has downgraded the Rs 25-crore non-convertible debenture issue of Purolator India Ltd from AA- to A and the fixed deposit programme to FA+ from FAA. The revised ratings reflect an increase in the company's financial risk profile as a result of the recessionary conditions prevailing in the auto industry and also as a result of the increase in the investmentsin the group's automotive joint ventures. The rating continues to factor in the company's strong market.

New Rs 10 notes: The RBI will shortly issue Rs 10 denomination notes in Mahatma Gandhi series bearing the signature of RBI governor Bimal Jalan with capital letter ``A'' inset in both numbering panels.