Reserve Bank of India (RBI) will switch to the new website at the close of business this evening. From tomorrow, the main website would be the new one and the old or the existing website will become secondary. In April 2024, the then Governor Shaktikanta Das released a new website and a mobile application of the RBI. Users can access the new website using the URL https://website.rbi.org.in.
Android users can download the new mobile application of the Reserve Bank of India from the Play Store, and iOS users can download it from the App Store.
RBI Mandates Banks To adopt ‘Bank.in’
The Reserve Bank of India (RBI) has set a deadline of October 31, 2025, for all banks to switch their digital services to the ‘Bank.in’ domain. The goal of this move is to enhance the security of online banking services in India. By using a standardized domain, the RBI aims to make digital banking safer and easier for users. This change will help reduce confusion among consumers and build greater trust in online transactions.
Why?
The Reserve Bank of India (RBI) is moving to a single, unified website domain for online bankingThe RBI aims to make digital banking more secure and consistent for users with this step. It comes in response to the rising cyber threats and online scams. By switching to a common domain, the RBI seeks to protect customers and strengthen trust in digital transactions. Banks will need to upgrade their IT systems to comply with the new guidelines as part of this move. We expect this change to provide everyone with a smoother and safer online banking experience.
What RBI Said
According to RBI circular issued on April 22: “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.”
