Awards AppointmentsFriday, 20 March 2026·https://testbook.com/current-affairs/20-march-2026-daily-current-affairs
RBI wins Central Banking Initiative of the Year award for .bank.in domain rollout
The Reserve Bank of India won the Initiative of the Year award for launching the .bank.in domain to curb cyber fraud.
Key highlights
Direct fact
In March 2026, the Reserve Bank of India received the Initiative of the Year award from London-based Central Banking for launching the secure .bank.in domain for Indian banks.
Key specifics
- Only RBI-regulated entities can use the .bank.in domain.
- All licensed banks in India were required to migrate their net banking websites by October 31, 2025.
- The move is intended to reduce phishing and look-alike website scams.
- The rollout involved the Government of India, the National Internet Exchange of India and the Institute for Development and Research in Banking Technology.
- The award recognises a cybersecurity-linked digital infrastructure initiative in banking.
Exam lens
Question type: Banking and cyber security, .bank.in, RBI, October 31, 2025 migration deadline; TNPSC may ask which domain is reserved for regulated banking entities.