In April 2025, the central bank in India has introduced a monopoly “.bank.in” domain for banks since April 2025 as part of its efforts to strengthen the trust in digital payment fraud and online banking services.
The Indian Bank (IDRBT) research institute will serve as an exclusive registra of the new domain, the statement said in a statement on Wednesday. The central bank plans to launch a separate ‘Fin.in’ domain for non -bank financial institutions.
“It is an important concern to increase the number of fraudulent cases in digital payments,” said Sanjay Malhotra RBI. Movement occurs when India is kicked out as India is rapidly increasing the digital payment fraud and looting loan apps.
The central bank said it will issue detailed guidelines to the bank for a new initiative.
