The Reserve Bank of India on Tuesday directed banks to start transferring their existing domains to ‘dot bank dot in’ domains this year, complete this process by 31 October this year. Its purpose is to deal with increasing incidence of fraud in digital payments. The central bank has decided to start ‘Dot Bank dot in’ special internet domain for Indian banks in view of fraud in digital payments. The initiative aims to reduce malicious activities such as cyber security hazards and ‘fishing’ and to streamline safe financial services, which leads to confidence in digital banking and payment services.
The central bank said in a statement, “Now it has been decided to start the ‘Dot Bank dot in’ domain for banks through the Institute of Development and Research in Banking Technology (IDRBT). The Indian National Internet Exchange (NAIXI) under the Ministry of Electronics and Information Technology has been authorized to work as a specific registrar for this domain.
IDRBT will guide banks on various aspects related to application process and adoption of new domain. The RBI said that all banks have been advised to transfer their existing domains to ‘dot bank dot in’ domain and complete it by 31 October 2025.
(With agency input)
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First Published – April 22, 2025 | 8:42 pm IST
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