Savings Banks Account Number Portability
Financial services secretary, DK Mittal has said that the government is working on savings banks account number portability. This comes at a time when the central bank, Reserve Bank of
Mittal, however, said that banks would have to work on identification code, know your customers (KYC) norms and core banking solution ( CBS) for implementing the savings bank account number portability.
Source : https://articles.economictimes.indiatimes.com/2012-01-03/news/30584588_1_number-portability-infusion-in-psu-banks-process-of-bank-recapitalisation