The Freename Forum

The Reserve Bank of India (RBI) has announced its intention to introduce exclusive domain extensions for the financial sector. The two official subdomains .bank.in for banks and .fin.in for all other financial institutions are intended to strengthen cyber security in the Indian financial sector, in particular to reduce phishing attempts and increase confidence in digital banking. RBI Governor Sanjay Malhotra announced that registration for .bank.in will start in April 2025, with .fin.in to follow later. The Institute for Development and Research in Banking Technology (IDRBT) has been appointed as the sole registrar for these domain extensions. Furthermore, the Central Bank plans to introduce an Additional Factor of Authentication (AFA) for cross-border transactions without a card. A draft circular for industry feedback will be published shortly. The website of the .in registry NIXI (National Internet Exchange of India) does not yet contain any information on this.

Source: https://circleid.com/posts/india-launch ... cial-fraud