February 7, 2025 11:40 AM

RBI launches exclusive ‘.bank.in’ domain to tackle financial frauds, enhances digital security measures

RBI Governor Sanjay Malhotra introduced a new '.bank.in' internet domain for Indian banks and stricter authentication protocols for digital transactions on Friday, as part of his unveiling of the Monetary Policy. "The Reserve Bank shall implement the bank.in exclusive internet domain for Indian banks," Malhotra said. In a bid to reduce online financial fraud, the RBI will implement the 'bank.in' domain exclusively for banks in India starting April 2025. Malhotra emphasized that this initiativ...