Major banks, including SBI and BOB, have taken a major step to curb cyber fraud, Read the details

Bank Domain Name Change: Several major banks in the country have taken a major decision in response to the increasing cyber fraud. This decision could curb cybercrime. This decision by banks will definitely prove to be a step towards preventing cybercrime. If you use bank apps, you will definitely notice some changes. The websites of banks and financial institutions will no longer display .com or .in.

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For your information, the domain of bank websites has changed. SBI.in has become SBI.bank.in, while BankofBaroda.com is now BankofBaroda.bank.in. Financial service institutions, such as credit cards and loan providers, will now display fin.in at the end of their websites.

RBI Makes Major Decision

The RBI issued a circular on April 21, 2025, regarding the use of banks.in at the end of bank websites. In this circular, the RBI directed all banks to change their domain names. This includes both domestic and foreign banks. According to the RBI, the reason for this change is to curb cybercrime.

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What will be the benefit to the public?

The question may arise: what benefit will this bring to the public? A domain is a type of address. In simple terms, it is a name used to identify a specific website, device, service, etc. It is used to identify websites, networks, and email servers.

Now let’s explore the benefits of bank.in or fin.in. .com operates globally, while .in operates on the Indian level. It is written on the back of every website. This makes it very easy to duplicate it. Currently, there are numerous cases of fraud being committed in the name of SBI. However, this decision by the bank will provide a new identity for the bank, curbing cybercrime.