RBI announces exclusive 'bank.in' internet domain for Indian banks
The RBI announced on 7 February 2025 an exclusive 'bank.in' internet domain for Indian banks to curb phishing and digital payment fraud, with IDRBT as the exclusive registrar.
Summary
In its Statement on Developmental and Regulatory Policies of 7 February 2025, the Reserve Bank of India announced an exclusive 'bank.in' internet domain for Indian banks to counter rising digital payment fraud and cyber threats such as phishing. The Institute for Development and Research in Banking Technology (IDRBT) will act as the exclusive registrar, with registrations to begin from April 2025. The RBI said it also plans an exclusive 'fin.in' domain for non-bank entities in the financial sector.
Key facts
- Announced
- 7 February 2025, Statement on Developmental and Regulatory Policies
- Domain
- 'bank.in' for banks; 'fin.in' planned for non-bank financial entities
- Registrar
- Institute for Development and Research in Banking Technology (IDRBT)
- Registrations
- From April 2025
Practice MCQs 1 questions
Which institution will act as the exclusive registrar for the 'bank.in' internet domain announced by the RBI on 7 February 2025?
Show answer
Correct answer: A — Institute for Development and Research in Banking Technology (IDRBT)
The RBI said the Institute for Development and Research in Banking Technology (IDRBT) will act as the exclusive registrar, with registrations from April 2025.