CA Pratibha Goyal | Apr 22, 2025 |
The Reserve Bank of India (RBI) has today issued a Circular RBI/2025-26/28: CO.DIT.DCD.No.S81/01-71-110/2025-26 directing all banks to migrate to the ‘.bank.in’ domain and complete the process at the earliest and in any case, not later than October 31, 2025.
This came in referance to para 4 of the Statement on Developmental and Regulatory Policies dated February 7, 2025, on “Enhancing Trust in the Financial Sector through ‘bank.in’ and ‘fin.in’ domains” wherein the introduction of exclusive Internet Domain, ‘.bank.in’ for banks to combat the increased instances of fraud in digital payments was announced.
It has now been decided to operationalise the ‘. bank.in’ domain for banks through the Institute for Development and Research in Banking Technology (IDRBT), which has been authorised by National Internet Exchange of India (NIXI), under the aegis of the Ministry of Electronics and Information Technology (MeitY), to serve as the exclusive registrar for this domain. Banks may contact IDRBT at [email protected] to initiate the registration process. IDRBT shall guide the banks on various aspects related to application process and migration to new domain.
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