Banking Fraud: With digital banking in the country, the incidence of banking fraud has increased rapidly. Every day hundreds of people are falling prey to banking fraud by cyber fraud and losing their hard-earned money.
Now the Reserve Bank of India (RBI) has taken a big step. RBI has set a deadline of October 31, 2025 for all banks to convert their digital operations to the ‘Bank.in’ domain. The aim of this directive is to improve the security infrastructure of online banking services across the country.
What will be the benefit of this step?
The dedicated domain will provide a secure interface for online banking. This will curb cybercriminals who exploit vulnerabilities in online platforms. This change will require banks to update their IT infrastructure to comply with the new requirements, providing a seamless and secure banking experience for customers.
In this way you will get help in preventing cyber fraud
1. What is ‘.bank.in’ domain?
The .bank.in domain is a secure domain introduced by RBI exclusively for Indian banks to prevent digital payment frauds and increase trust in online banking services.
2. Who launched the ‘.bank.in’ domain?
It was launched by the Reserve Bank of India (RBI), with domain registration and operational support provided by the National Internet Exchange of India (NIXI) and the Institute for Development and Research in Banking Technology (IDRBT) under the authority of MeitY.
Why was this domain introduced?
- Strengthening cyber security infrastructure
- Banking customers will be able to easily identify banking websites
- Preventing phishing and spoofing attacks through fake banking domains
- Increasing public confidence in digital banking systems
Related Articles:-
8th Pay Commission: Big update on 8th Pay Commission, know how the posts will be filled
Train Cancelled: Railways has cancelled many trains on this route, see list here
