Reserve Bank of India: The Reserve Bank of India has launched an exclusive internet domain 'bank.in' for Indian banks to deal with cyber fraud. This will make online transactions more secure.
Reserve Bank of India: The Reserve Bank of India has launched an exclusive internet domain 'bank.in' for Indian banks to deal with cyber fraud. This will make online transactions more secure.
The Reserve Bank has launched its internet domain '.bank.in' for banks. Its purpose is to increase online security, reduce phishing attacks, and make digital banking and payment systems more robust.
RBI announced this on 7 February 2025. Registration for this domain will start in April this year. After this, 'fin.in' domain will be launched for the financial sector.
RBI is adopting various measures for the cyber security of banking and payment systems. Additional Factor of Authentication (AFA) for domestic digital payments is a big step in this direction.
RBI has planned to expand AFA for international digital transactions made to foreign traders to increase security for global online payments.
Let us tell you that till now AFA safety feature was mandatory only for digital transactions done within India, but now its scope is being expanded.