In a decisive move to enhance trust in digital banking and combat cyber fraud, the Reserve Bank of India (RBI) has announced the launch of exclusive internet domains—‘bank.in’ and ‘fin.in’—for Indian financial institutions. This initiative is aimed at tackling rising cyber threats, particularly phishing and other malicious activities that compromise online transaction security.
The RBI emphasised the urgency of secure digital banking, stating, “Increased instances of fraud in digital payments are a significant concern. To combat this, the Reserve Bank of India (RBI) is introducing the ‘bank.in’ exclusive internet domain for Indian banks. This initiative aims to reduce cybersecurity threats and malicious activities like phishing while streamlining secure financial services and enhancing trust in digital banking and payment services.”
The ‘bank.in’ domain will be exclusively available to Indian banks, offering them a secure and easily identifiable online presence. This step is expected to facilitate safer financial transactions and strengthen customer confidence in digital banking. To further extend cybersecurity measures across the financial sector, the RBI will also introduce ‘fin.in’ as a dedicated domain for non-banking financial entities.
The Institute for Development and Research in Banking Technology (IDRBT) has been designated as the exclusive registrar for these domains, with registrations set to begin in April 2025. The RBI will soon release detailed guidelines for banks on adopting the new domains, ensuring a more secure and trustworthy digital ecosystem for banking and financial services in India.
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