RBI mandates ‘bank.in’ domain to improve cybersecurity
The post RBI mandates ‘bank.in’ domain to improve cybersecurity appeared on BitcoinEthereumNews.com.
Homepage > News > Finance > RBI mandates ‘bank.in’ domain to improve cybersecurity In an effort to enhance cybersecurity and bolster public confidence in digital banking, the Reserve Bank of India (RBI) has mandated that all banks shift their digital platforms to a standardized ‘bank.in’ domain by October 31, 2025. This directive is a cornerstone of RBI’s larger initiative to safeguard India’s rapidly expanding digital finance landscape. It encompasses not only bank websites but any online services customers access. RBI Governor Sanjay Malhotra originally made the announcement during the Monetary Policy Committee (MPC) meeting held on February 7, which was officially formalized through a circular issued on April 22. Looking ahead, the RBI also intends to introduce a similar domain—‘fin.in’—to serve financial institutions outside the traditional banking sector. This expansion reflects a broader effort to bring all regulated financial entities under a unified and secure digital identity system. The RBI hopes to lay a stronger foundation for trust, safety, and resilience in India’s digital finance ecosystem by establishing domain exclusivity for financial institutions. “It has now been decided to operationalise the ‘. bank.in’ domain for banks through the Institute for Development and Research in Banking Technology (IDRBT), which has been authorised by National Internet Exchange of India (NIXI), under the aegis of the Ministry of Electronics and Information Technology (MeitY), to serve as the exclusive registrar for this domain,” RBI said in the circular. “Banks may contact IDRBT at [email protected] to initiate the registration process. IDRBT shall guide the banks on various aspects related to application process and migration to new domain. All banks are advised to commence the migration of their existing domains to the ‘.bank.in’ domain and complete the process at the earliest and in any case, not later than October 31, 2025,” RBI said. In its February…
Filed under: News - @ April 30, 2025 3:28 pm