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The Reserve Bank of India has taken this step as a precaution in view of the increasing cases of fraud in digital payment, so that such cases can be reduced. Let us know that to deal with cyber fraud, the Reserve Bank has decided to launch Bank.in Internet Domain for India's banks.
The Monetary Policy Committee of Reserve Bank of India has met. In this meeting, RBI Governor Sanjay Malhotra has made a big announcement on a very important issue. In this meeting, it was decided that separate internet facility will be started for banks. This step is taken for the purpose of avoiding any kind of fraud.
The Reserve Bank of India has taken this step as a precaution in view of the increasing cases of fraud in digital payment, so that such cases can be reduced. Let us know that to deal with cyber fraud, the Reserve Bank has decided to launch Bank.in Internet Domain for India's banks.
Financial services will get security
Separate internet will be introduced for banks. The aim of this service is to get rid of cyber fraud. Its purpose is also to reduce malicious activity like fishing. Financial services will be provided additional security through this new internet service. It is expected that people will be able to connect in large numbers with digital banking and payment service. Through this service, people's confidence in banking process will also increase.
According to the information, Banking Technology Development and Research Institute is busy working in this direction. The institute has been given the responsibility of Special Registrar. It is believed that the process of registration of this domain may start from April 2025. Guidelines regarding registration for banks will also be issued separately. The RBI is also preparing to create a Fin.in domain for other non -banking institutions in the coming time.
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