RBI Directs Banks to adopt ‘.bank.in’ Domain for Safer Digital Transactions
The Reserve Bank of India (RBI) has issued a circular directing Indian Banks to shift their net banking facilities to an exclusive online domain, ‘bank.in’. This domain shifting process must be done by October 31, 2025, it also instructed.
The ‘bank.in’ domain is an exclusive digital space launched by the RBI for Indian banks and it’s fully secure. It aimed at reducing online payment related fraud and thus strengthening trust in digital banking services. The domain is also expected to help prevent phishing and spoofing attacks through illegitimate banking sites. An exclusive domain will ensure that the customers can easily identify authentic banking websites.
Amid the rising cases of financial frauds, this move has been directed to curb down incidents of frauds and strengthen the confidence of the users on internet banking platforms.
In the circular released by RBI, it said, “Please refer to para 4 of the Statement on Development and Regulatory Policies dated February 7, 2025 on ‘Enhancing Trust in the Financial Sector through’ ‘bank.in’ and ‘fin.in’ domains, wherein the introduction of exclusive Internet Domain, ‘bank.in’ for banks to combat at the increased instances of fraud in digital payments was announced. This initiative is aimed at strengthening the cybersecurity framework and enhancing public confidence in digital banking and payment systems.”
RBI had announced this initiative of exclusive domain on February 07, 2025. This move was a part of the steps taken to boost the cybersecurity framework in terms of finance. Registration for this domain is expected to start this month to curb down financial frauds and losses. The ‘fin.in’ domain for the financial sector is underway and will be launched soon, as per RBI.
Furthermore, banks have been advised to connect with IDRBT at sahyog@idrbt.ac.in for stepwise guidance of registration and domain migration.
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