%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(23).png)
- This exclusive domain is designed to enhance cybersecurity and combat digital payment fraud, providing a safer online banking experience for customers.
- The migration process will be facilitated by the Institute for Development and Research in Banking Technology (IDRBT), under the authorization of the National Internet Exchange of India (NIXI).
- Banks have been advised to contact IDRBT for assistance in registering and migrating to the new domain.
- This initiative underscores the RBI's commitment to strengthening the digital banking infrastructure and ensuring public trust in secure online transactions.
Question:
Q.1 On April 22, 2025, the Reserve Bank of India issued a directive asking banks to transition their web domains to which of the following by October 31, 2025?a) .com
b) .bank.in
c) .org.in
d) .gov.in
Answer: b) The RBI directed banks to migrate to the exclusive .bank.in domain to enhance cybersecurity and reduce digital payment fraud.