RBI mandates Indian banks to switch to ‘.bank.in’ domain by 2025 to boost trust and combat fraud.

The Reserve Bank of India (RBI) has issued a directive for all Indian banks to transition their net banking services to the dedicated ‘.bank.in’ domain by October 31, 2025. This strategic move is designed to address the increasing incidents of online payment fraud and bolster confidence in digital banking platforms by enabling customers to quickly recognize legitimate banking portals. The shift to the ‘.bank.in’ domain is expected to provide an added layer of security and credibility to online banking activities, ultimately safeguarding customers’ financial information and transactions. By centralizing net banking operations under this domain, Indian banks are poised to streamline their online services and fortify their digital presence in alignment with global best practices. This proactive measure by the RBI underscores the importance of enhancing cybersecurity measures in the financial sector and reinforces the commitment to fostering a secure and resilient digital banking ecosystem in India. As the deadline approaches, Indian banks are urged to expedite the migration process to ensure a seamless transition to the new domain, ultimately benefiting customers with a more secure and trustworthy online banking experience.

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