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Indian markets continued their downward trend on Thursday. Several companies saw significant news. BofA Securities invested in Kaynes Technologies. GAIL assured uninterrupted gas supply to Bengaluru. South Indian Bank launched EPF payment services. DCM Shriram approved renewable energy investment. TVS Motor launched a new electric scooter. Tata Steel moved court over a GST demand.

MUMBAI: The US and Israel’s attack on Iran is expected to weigh more on India’s economic growth than its inflation, which will encourage the Reserve Bank of India to keep interest rates low, three sources familiar with policymakers’ thinking and analysts said. The conflict, which has rippled out across much of the Middle East, has pushed up oil prices by about 15 percent, disrupted gas flows from the region and triggered selloffs in Indian equity, debt and currency markets, with the rupee hitting a record low and bond yields rising due to concerns about India’s current account deficit and the risk of higher inflation. Get the latest news from India and how it matters to the world with the Reuters India File newsletter. Despite a weaker rupee and higher crude prices, the central bank is unlikely to take a hawkish turn, all three sources familiar with policy deliberations said. Current assessments could change, one of the sources cautioned, in case of extreme developments in the Middle East.

South Indian Bank has launched a new Pongal campaign in Tamil Nadu. The campaign celebrates relationships and community bonds. A film showcases everyday life and family moments. The bank is presented as a trusted institution. The tagline emphasizes Tamil Nadu's strength through relationships. The campaign highlights the people and values of the state. Attractive offers are also available for customers.

South Indian Bank has opened applications for officer-level specialist posts for Recruitment 2026. Applications are open from January 7 to January 17, 2026, at the official website. Roles include Credit Analyst, Technical Manager and Lead Analyst. Selected candidates will be appointed as Scale I or II officers. Eligibility depends on professional qualifications, experience and age.