The Reserve Bank of India (RBI) has released a asking all Indian banks to migrate their online presence to the domain ending with “.bank.in”. This follows on improving public trust in the financial sector with the regulator asking banks and financial institutions to move to specific domains.
The statement said financial and other non-banking financial institutions (NBFCs) would be required to have their domain ending with “fin.in”.
Indian banks must migrate their domains through the Institute for Development and Research in Banking Technology (IDRBT). The IDRBT is authorised to perform this task by the National Internet Exchange of India and the Ministry of Electronics and Information Technology under the Indian government. It shall act as the exclusive registrar for the domain.
The deadline to complete this migration is 31 October 2025 and banks can contact the IDRBT at sahyog@idrbt.ac.in to initiate the process.
This move aims to combat increased incidents of cyber security threats and malicious activities in the financial sector, which will lead to streamlined secure financial services and enhanced public trust in digital banking and payment services.
