RBI News: The central bank RBI has given a big directive to the banks. Under this directive, the website of all the banks of the country is going to change. Under this decision, banks have been ordered to start their website with the Bank.in domain. This change will come into effect from October 2025. Its purpose is to reduce cyber fraud.
Banking System: The country’s central bank, the Reserve Bank of India, works to control all commercial and domestic banks. Along with this, it also keeps making different instructions or announcements to operate the banks properly.
RBI has recently made a similar announcement. Under which banks have been ordered to change the website. This new domain will come into effect from October 2025 .
What will change on your bank’s website?
As per RBI’s instructions, all banks will have to change the domain of their website to Bank.in. For this, RBI has given banks time till October 2025. This decision was taken so that the increasing fraud related to banks can be reduced.
If all banks adopt Bank.in domain, then it will become difficult for any cyber criminal to commit crime. Because after this it will be easy to identify any fake website.
Along with this, any bank which wants to adopt this new domain will have to contact sahyog@idrbt.ac.in.
Even a 10 year old child can operate the account
- Earlier, RBI has also given a big order regarding the accounts of minor children. Under this order, now children aged 10 years and above will be able to operate their FD and savings accounts themselves. Along with operating, they will also be able to manage the bank account.
- Its purpose is to make children understand financial responsibilities. Along with this, they have to be explained how a bank works.
- At the same time, RBI has also said that different banks can set different rules regarding the security of banks. These rules will be made for the security of the account. These will be especially related to withdrawal and deposit amount.
- Along with this, as soon as the child turns 18, his information will be taken again and his signature will also be asked for.
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