India Business News: MUMBAI: South Indian Bank has appointed Jose Joseph Kattoor as non-executive part-time chairman (independent director) for a term of three years, afte.

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.

South Indian Bank aims to boost operational efficiency by targeting a cost-to-income ratio below 50%, while driving growth through retail, MSME, and gold loan segments alongside significant digital investments, CFO Vinod Francis told ETCFO. Can the bank sustain margins amid RBI rate cuts? Will geographic diversification beyond Kerala scale up business? How aggressively will it expand its high-margin gold loan portfolio in a competitive market? Here is what CFO Vinod Francis said.

With the vast network for remittances to India now includes 19 banks – Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Kotak Mahindra Bank, Federal Bank, HDFC Bank, IndusInd Bank, South Indian Bank, Karur Vysya Bank, IDFC FIRST Bank, Punjab National Bank, and UCO Bank alongside Axis Bank, DBS Bank India, ICICI Bank, Indian Bank, Indian Overseas Bank, and State Bank of India.

… Lisie Hospital, Ernakulam, under its Corporate Social Responsibility (CSR ) initiative. This contribution aims to … who need it most. Meaningful CSR efforts are those that touch …

Mumbai: The Reserve Bank of India (RBI) accepted a lower-than-notified amount at its open market operations to purchase bonds on Monday even as market participants sought to sell securities worth twice the announced offer on the table. This probably indicates the central bank is comfortable with the current liquidity. RBI accepted bids worth ₹19,203 crore at this OMO, lower compared to the notified amount of ₹25,000 crore. RBI had received bids worth ₹50,369 crore. This is first FY26 OMO auction where RBI accepted a lower amount. RBI's steps have helped lift system liquidity. Government bonds maturing in 2029, 2032, 2033, 2034 and 2036 were part of Monday's auction. The 10-year benchmark yield closed at 6.24% on Monday. "The auction cut-off prices were almost in line with market levels, for the semi-liquid 2029 and 2033 maturities. Since 2025, banks have offloaded ₹5 lakh crore of bonds. Following this liquidation, their willingness to sell has diminished," said VRC Reddy, head of treasury at Karur Vysya Bank."It appears most stock from HTM that could be sold in OMOs has reached a limit or is near it.