In a move to bolster cybersecurity and boost customer trust in digital banking services, the Reserve Bank of India (RBI) has directed all Indian banks to transition their net banking operations to the ‘.bank.in’ domain by October 31, 2025. This mandate comes in response to the increasing incidents of online payment fraud and aims to provide customers with a clear indication of authentic banking websites. By migrating to this exclusive domain, banks will be able to establish a more secure online presence, thereby reducing the risk of phishing attacks and other fraudulent activities. This initiative underscores the RBI’s commitment to strengthening the digital infrastructure of the banking sector and safeguarding the interests of customers. With cyber threats on the rise, this move is expected to enhance the overall security and reliability of online banking transactions in India. By complying with this directive, banks can demonstrate their dedication to providing safe and trustworthy digital banking services to their customers. It is crucial for banks to prioritize cybersecurity measures and stay ahead of evolving threats in order to maintain the integrity of the financial system and protect customer data.

Posted in
JUST IN
RBI mandates Indian banks to shift to ‘.bank.in’ domain by 2025 to boost cybersecurity and trust.
In Trend

EU fines Apple, Meta for DMA violations: Apple fined 500M euros, Meta 200M euros for anti-competitive practices.
