logo
RBI directs banks to adopt ‘.bank.in' domain for safer digital transactions by October 31, 2025

RBI directs banks to adopt ‘.bank.in' domain for safer digital transactions by October 31, 2025

Time of India23-04-2025

The Reserve Bank of India (RBI) has issued a circular asking Indian banks to shift their net banking facilities to an exclusive online domain- '.
bank.in
'. The process of shifting to exclusive domains must be completed latest by October 31, 2025, instructed RBI.
The '.
bank.in
' domain is a secure and exclusive digital space launched by the RBI for Indian banks, aimed at reducing online payment fraud and strengthening trust in digital banking services.the domain is also expected to help prevent phishing and spoofing attacks through illegitimate banking sites. An exclusive domain will ensure that customers can identify authentic banking websites.
Looking at the rates of rising financial frauds, the move has been directed to curb down these frauds and strengthen the confidence of the users on internet banking platforms.
As per the circular released by RBI, it said,' Please refer 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. This initiative is aimed at strengthening the cybersecurity framework and enhancing public confidence in digital banking and payment systems.'
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Liverpool's 2025 Cruises Could Surprise You with Variety
FaqsVault.com | Cruises
Learn More
Undo
RBI had announced the initiative of exclusive domain on February 7, 2025. This initiative was a part of the steps taken to boost the cybersecurity framework in terms of finance. Registration for this domain is expected to start this month to curb down financial frauds and losses. The '
fin.in
' domain for the financial sector is in the pipeline and will be launched soon, as per RBI.
Banks have been advised to connect with IDRBT at
sahyog@idrbt.ac.in
for step-by-step guidance on registration and domain migration
Stay informed with the latest
business
news, updates on
bank holidays
and
public holidays
.
Master Value & Valuation with ET! Learn to invest smartly & decode financials. Limited seats at 33% off – Enroll now!

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Next stage of reforms should allow lending against shares for land allocation: Report
Next stage of reforms should allow lending against shares for land allocation: Report

Hans India

time22 minutes ago

  • Hans India

Next stage of reforms should allow lending against shares for land allocation: Report

New Delhi: The next stage of reforms in India demands a gradual withdrawal of lending restrictions to corporates for land, against shares and such, a report said on Tuesday. Real estate, in aggregate, accounts for one-third of investment activity in the country, without access to low-cost funds for most developers. "After RERA implementation, builders' consolidation, and timely and transparent data availability, etc, the underwriting risk is no longer systemic or disproportionately higher than that for any other industrial project finance,' said the report by Emkay Global Financial Services. Likewise, lending against shares is a critical need – especially as new-age companies have more intangible assets than hard physical collateral. "It is about time that we start respecting market assessment of equity value as much as the due consideration we give to replacement cost of physical assets," the report noted. "After a long time, we have in Sanjay Malhotra — current RBI Governor — an intellectual with a flair for data, and one who comes with a firm pro-growth ideology. And this is what sets him apart," the report noted. The RBI monetary policy, through its actions and communication, marks a seismic shift – aimed at nudging the potential growth rate of the economy higher. The actions taken last Friday should be viewed in the context of the current economic landscape, said the report. Historically, policy rate moves in increments of 50bps reflect economic duress. "The recent surprise cut in our opinion is a catch-up on an unusually restrictive policy in the last fiscal and resets the trajectory of economic growth higher. This action also reflects confidence in conducting the monetary policy to align with the domestic economic reality – a decoupling of monetary policy is a precursor to a decoupled economic growth," it noted. The aggressive moves on the policy front have been calibrated with a change in stance, back to 'neutral' mode. The earlier switch to an accommodative stance was done only in the prior policy meeting. While the official version is that under the present circumstances, there is limited space to lower rates further, a more practical reasoning is simply to wait out the usual 6-9 months of the transmission impact to play out, remain data-dependent, as well as firmly communicate the RBI's inflation fighting credentials – dovish actions completed with a mildly hawkish signalling, the report said.

NIMCET 2025 answer key shortly at nimcet.admissions.nic.in; challenge model solution by June 12
NIMCET 2025 answer key shortly at nimcet.admissions.nic.in; challenge model solution by June 12

Time of India

time25 minutes ago

  • Time of India

NIMCET 2025 answer key shortly at nimcet.admissions.nic.in; challenge model solution by June 12

NIMCET 2025 answer key released at candidates can submit challenges against model solutions until June 12, 5 pm NIMCET 2025 answer key: The National Institute of Technology (NIT) Tiruchirappalli is set to release the NIMCET 2025 answer key, enabling candidates to verify their responses from the Master of Computer Applications (MCA) entrance exam held on Sunday, June 8, 2025. Once released, the aspiring students can access the model solution on the official website, and raise objections if discrepancies are found. This common entrance test facilitates admission to the MCA programme across eleven NITs and two Indian Institutes of Information Technology (IIITs). Candidates have a limited window to challenge the model solution, ensuring their concerns are addressed before the final results are declared. Answer key access and verification The NIMCET 2025 answer key will be available for download on the official portal, Candidates can compare their responses with the model solutions to estimate their scores. The examination, conducted on June 8, 2025, from 2:00 pm to 4:00 pm, tested eligibility for MCA programmes at premier institutions. Those meeting the criteria—60% marks or 6.5 CGPA in a relevant UG programme (55% or 6.0 CGPA for SC/ST/PwD)—can proceed with the process. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo Challenging the model solution Candidates spotting errors in the answer key can submit challenges from Tuesday, June 10, 2025, at 5 pm until Thursday, June 12, 2025, at 5 pm. The objection window allows candidates to ensure accuracy in the evaluation process. Follow these steps to challenge the model solution: Step 1: Visit and log in using your credentials. Step 2: Access the answer key section and select the question to challenge. Step 3: Provide a detailed explanation and supporting evidence for the objection. Step 4: Pay the required fee, if applicable, for processing the challenge. Step 5: Submit the objection within the stipulated time frame. Direct link to the official website What's Next The tentative result publication is scheduled for Friday, June 27, 2025, at 5 pm. Following this, candidates can register and fill choices from Monday, June 30, 2025, to Friday, July 4, 2025, by paying a non-refundable counselling fee of Rs 1,000. The first round of seat allotment begins on July 7, 2025, with subsequent rounds and a special round for vacant seats concluding by July 26, 2025. Is your child ready for the careers of tomorrow? Enroll now and take advantage of our early bird offer! Spaces are limited.

IIT, IIM students to work with Puri administration during Jagannath Yatra
IIT, IIM students to work with Puri administration during Jagannath Yatra

Time of India

time25 minutes ago

  • Time of India

IIT, IIM students to work with Puri administration during Jagannath Yatra

Top students from India's premier institutions, including the IITs, IIMs and leading policy and management schools, will converge in Puri to join hands with the district administration for the annual Jagannath Rath Yatra 2025, officials said on Tuesday. Under a Public Systems and Infrastructure internship initiated by the Puri District administration, these students will work at ground zero to study critical aspects of the Yatra, including crowd behaviour , public infrastructure, event planning , and inter-agency coordination. "Jagannath Puri Rath Yatra is an exercise in scale, devotion, and coordination. It is time India's brightest minds saw what nation-building looks like in the field. Over a 10-15 day period, selected interns will be assigned live projects around sanitation infrastructure, emergency response systems, seva stall operations, and digital citizen engagement," Puri Collector Siddharth Shankar Swain said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Knee pain prices might surprise you Knee pain | search ads Find Now Undo He further noted that their work will culminate in real-time reports and recommendations for future event efficiency, contributing directly to the planning of large-scale public systems. The internship will be facilitated by Chaaipani , an agency appointed to manage brand activations and brand integration to enhance public facilities at this year's Jagannath Rath Yatra. Live Events "This is a once-in-a-lifetime opportunity for young minds to witness how India runs at its most complex and spiritual intersection. This is a rare opportunity for students to learn how logistics, culture, systems and human behaviour in India operate at an unprecedented scale," Shruti Chaturvedi, founder of Chaaipani, said. The Jagannath Rath Yatra 2025 is scheduled to begin on June 27, 2025, and conclude on July 5, 2025.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store