India Launches New Domain for Banks to Combat Digital Fraud

New .bank.in Domain to Enhance Digital Banking Security in India

As of April 2025, India’s central bank will implement a dedicated “.bank.in” domain exclusively for banks. This initiative is a proactive measure to address the escalating issue of digital payment fraud and to reinforce confidence in online banking platforms.

IDRBT Designated as Exclusive Registrar

The Reserve Bank of India (RBI) announced that the Institute for Development and Research in Banking Technology (IDRBT) will function as the sole registrar for this new domain. Furthermore, plans are underway to launch a distinct “fin.in” domain intended for use by non-bank financial institutions.

Combating Rising Digital Payment Fraud

Sanjay Malhotra, the Governor of the RBI, highlighted the growing prevalence of fraud within the digital payments landscape as a major concern. The implementation of this new domain system is specifically designed to mitigate cybersecurity risks and curtail malicious activities, such as phishing attempts.

This action is being taken in response to a notable increase in digital payment scams and the proliferation of predatory lending applications within India.

Enhanced User Protection and Website Verification

The central bank will release comprehensive guidelines for banks regarding this new initiative. These guidelines will be crucial in assisting users to readily differentiate between authentic banking websites and deceptive, fraudulent imitations.

The goal is to provide a clearer and more secure online environment for banking customers.