Quick Summary
In a strategic move to curb digital fraud and bolster cybersecurity in India's financial sector, the Reserve Bank of India (RBI) has announced the operational rollout of the exclusive Internet domain '.bank.in' for all banking institutions. This decision follows the RBI's Statement on Developmental and Regulatory Policies dated February 7, 2025, which outlined the plan to introduce dedicated domain extensions to enhance trust and transparency in digital banking. Official copy of the circular
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN - Rs.1999
1799
(Excl. of GST ₹323)
2 Years PLAN - Rs.3499
3149
(Excl. of GST ₹566)
BEST VALUE
3 Years PLAN - Rs.4999
4499
(Excl. of GST ₹809)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
The RBI is introducing the '.bank.in' domain to curb digital fraud, bolster cybersecurity, and enhance public confidence in the financial sector's digital services.
The Institute for Development and Research in Banking Technology (IDRBT) has been authorised by the National Internet Exchange of India (NIXI) to serve as the exclusive registrar for the '.bank.in' domain.
All banks are advised to complete their migration to the '.bank.in' domain no later than October 31, 2025.
Banks can contact the IDRBT at sahyog@idrbt.ac.in to begin the registration process and receive guidance on the application and migration.
The main goal is to strengthen the cybersecurity framework and increase trust and transparency in digital banking and payment systems.
CAclubindia
