It’s the twenty-first century and the speed in which internet users have evolved is just humongous. In India about 900 + e-commerce websites are operating. The number continues to increase every day.
Approximately 70 per cent of Internet users in India make an online purchase on these websites. You can’t even guess the amount of transactions that are made per day. These purchases are not restricted to shopping online.
People send money through various types of online services to their friends / family, whether it’s wallets, UPI, NEFT, IMPS, Net Banking, etc., you haven’t ever wondered about the protection when doing such online transactions. These transactions in particular increased post demonetization.
Have you ever been through a situation where you make an online payment and the transaction fails but our account still debits the money? Obviously you are in panic, but the money will be refunded in the next 24 hours.
But you still have the fear in your mind that you might lose your money!!
Imagine now if the hackers steal your login credentials, and your bank account gets hacked. Obviously you can imagine the hideous sight.
The question then is how safe are these many transactions? Of course they are! They are secured via a secure tunnel built between the server and your browser.
A SSL Certificate is used to build this stable link. These SSL Certificates protect all of your online transactions which prevent hackers from compromising their credentials.
But do you know which SSL brand keeps your transactions secure? Well, that differs from one website to another. Here we are, that is, HTTPS.IN conducted a survey on SSL certificates from Top 10 PSU banks.
Go through the article as we show you which Top PSU Banks are using SSL Certificates.
Below are the top 10 PSU banks in India.
- State Bank of India (SBI)
- Bank of Baroda (BOB)
- IDBI Bank
- Punjab National Bank (PNB)
- Central Bank of India (CBI)
- Canara Bank
- Bank of India (BOI)
- Indian Bank
- Union Bank of India
- Union Bank of India
Key takeaway:
According to the study, 60 percent of banks have used EV SSL certificates to protect their website as their preferred option of SSL.
Bank SSL Certificate Survey
1. State Bank of India
URL:- https://www.sbi.co.in/
SSL Type: – OV Wildcard SSL Certificate
Brand: – Symantec
SBI uses SSL certificate approved by wildcard organization Symantec. The certification of this form of SSL certificate is only completed if the organization is licensed.
As in the case of SBI if you display the name of the company in the SSL certificate it will show “O= State Bank of India”
And they have subdomains they want to secure; thus they use a wildcard SSL. An SSL with a wildcard secures infinite subdomains. They are using the Symantec brand SSL, it was the best CA that Digicert took over later
2. Bank of Baroda (BOB)
URL: – https://www.bankofbaroda.com/
SSL Type: – OV SSL Certificate
SSL Brand: – Digicert
Digicert has recently taken over Symantec’s SSL and PKI portfolio and has a market share of 17.60%. Bank of Baroda uses DigiCert OV SSL Certificate, as we saw in the case of SBI they also used an OV Wildcard SSL because they have subdomains protected with the same SSL and they use only one single domain OV SSL cert in the case of BOB.
3. IDBI Bank
URL:- https://www.idbi.com/index.asp
SSL Type:- EV
SSL Brand:- Entrust
Much like the certificate certified by the association, even Extended certified certificate needs a process of validation at high level. They use Entrust mark SSL which is also one of the world’s leading certification authorities. They often use SSL certificates from a single domain.
4. Punjab National Bank
URL:- https://www.pnbindia.in/
SSL Type:- EV
SSL Brand:- Symantec
As mentioned above Symantec has already been taken over by Digicert, their certificate with Digicert origins has yet to be reissued. They already use the highest certified certificate which is an EV SSL generating more customer trust.
5. Central Bank of India
URL:- https://www.centralbank.net.in
SSL Type:- EV
SSL Brand:- Symantec
Central bank of India is once more one of India ‘s famous PSU banks. They use SSL certificate for Symantec EV. Much like PNB, the Digicert roots have yet to reissue their certificate.
6. Bank Name:- Canara Bank
URL:- https://www.canarabank.in/
SSL Type:- EV
SSL Brand:- GlobalSign
Canara Bank uses one of the worlds leading SSL provider i.e GlobalSign. The search engine giant itself uses GlobalSign roots, please refer the below image for your reference.
7. Bank of India
URL: – https://www.bankofindia.co.in
SSL Type: – OV
SSL Brand: – Entrust
Bank of India uses Entrust Organization validated certificate for making their website secured. Entrust is a growing brand and has a market share of 0.29%, as per datanyze currently 12907 websites are using Entrust brand SSL Certificates.
8. Indian Bank
URL: – https://www.indianbank.net.in
SSL Type: – EV
SSL Brand: – Digicert
As discussed earlier, Digicert is the new giant after Taking over Symantec in SSL certificate business. If you surf to the main domain of Indian Bank i.e. http://www.indianbank.in/
You will see that there is no SSL installed here, instead, they have installed SSL on the page where they are offering Internet Banking.
9. Union Bank of India
URL: – https://www.unionbankofindia.co.in/
SSL Type: – EV
SSL Brand: – GlobalSign
Union Bank of India uses Extended Validated Certificate from GlobalSign. As discussed earlier GlobalSign is one of the leading CA’s. Google and Youtube are some of the big internet giants who are using GlobalSign SSL Certificates.
10. Vijaya Bank
URL: – https://www.vijayabank.com/
SSL Type: – OV
SSL Brand: – GlobalSign
Vijaya Bank is on our list of Top 10 PSU banks SSL Survey in India. As seen in the below image they are using GlobalSign Organization Validated Certificate.
Vijaya Bank secures the same SSL Certificate for its subdomains, so it uses a Wildcard SSL.
Bottom line
According to our survey, either Extended Validated SSL or Company Validated SSL are used by all banks to secure online transactions. Any online transaction process should be protected with an extended validated SSL, as also stated in the RBI guidelines. We fully agree on it, as both OV and EV enable us to achieve the highest level of protection.