Reserve Bank of India (RBI) wins Central Banking's Initiative of the Year Award for launching .bank.in domain.

Key facts

• Reserve Bank of India (RBI) received the Initiative of the Year Award from London-based Central Banking for introducing the .bank.in domain.
• India became the first country globally to mandate a secure and exclusive Internet domain for its banking system through .bank.in.
• Only RBI-regulated entities are permitted to use the .bank.in domain to combat phishing and look-alike website frauds.
• Banks were mandated to migrate their net banking websites to the new domain by 31 October 2025.
• Major banks including SBI, HDFC, and ICICI have migrated their websites to URLs such as www.bankname.bank.in.
• The initiative involved the Indian government, NIXI, IDRBT, and banks as stakeholders.