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India’s biggest bank switches to dot-brand

Kevin Murphy, February 22, 2017, Domain Registries

State Bank of India has announced plans to migrate all of its web sites to its new dot-brand gTLD.

The company has been responsible for .sbi since it was delegated by ICANN last April, but bank.sbi is its first live domain name.

Currently, while bank.sbi is live and resolving, the old domain sbi.co.in appears to still be its primary address.

However, SBI said “all of the bank’s internet presence… shall soon be migrated to the .sbi gTLD”.

There will be a period of crossover while customers get used to the change, it said in a press release.

The bank said: “a gTLD site like .sbi conveys an assurance to the customer that the site is authorised, genuine and is not an inappropriate or phishing site”.

The move is perhaps significant given that SBI is state-owned, and one might expect some level of nationalism when it comes to domain choice.

But SBI, India’s largest bank with $490 billion in assets under management, is not the first bank to say it plans to use its dot-brand as its primary TLD.

BNP Paribas, the world’s biggest non-Chinese bank, uses .bnpparibas for almost everything, particularly in its native France. It has three domains in the Alexa top 100,000 most-visited web sites.

Others with dot-brands in use include Barclays and Citi.