RBI Sets October 31 Deadline for Banks to Switch to .bank.in Domain

Speedy summary

• The Reserve Bank of India (RBI) has mandated all banks to migrate their domains to ‘.bank.in’ by October 31, 2025.
• Announced on February 7, 2025, this initiative aims to enhance cybersecurity and public trust in digital banking and payment systems.
• Banks must contact the Institute for Progress and Research in Banking Technology (IDRBT) at sahyog@idrbt.ac.in for registration assistance and domain migration guidance.

Indian Opinion Analysis
The RBI’s directive reflects it’s commitment to strengthening the cybersecurity framework within India’s financial sector amidst growing reliance on digital platforms. By introducing a standardized domain structure like ‘.bank.in’, the move is expected to minimize phishing risks and improve public confidence in secure digital transactions. It also places an operational responsibility on banks to ensure prompt compliance within the stipulated timeline of October 31, highlighting how regulatory measures can drive uniformity across institutions while addressing emerging cyber threats.

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