What changed
RBI issued a circular on November 5, 2012, advising banks to migrate from IPv4 to IPv6 preferably by December 2012, as part of the government's National Telecom Policy 2012. The DoT is leading the migration initiative, and banks must set up special teams to meet the preferred timeline.
What it means for you
Banks must urgently upgrade their internet infrastructure to IPv6 to support the growing demand for broadband and citizen services. Failure to comply could disrupt online banking and payment systems, as IPv4 addresses are nearly exhausted. This is a proactive move to avoid last-minute chaos.
What you must do
- Form a special team to oversee IPv6 migration for all systems, including payment gateways and websites.
- Complete the migration preferably by December 2012 as per government timeline.
- Contact Shri R. M. Agarwal at DoT (mobile 9868133440) for clarifications or assistance on IPv6 implementation.
Who it affects
All scheduled commercial banks (excluding RRBs) and Local Area Banks, Payment gateways and financial institutions, Bank IT and network teams
Why is IPv6 migration necessary for banks?
IPv4 addresses are nearly exhausted, and the National Telecom Policy 2012 aims to expand broadband access. IPv6 ensures continued internet growth and supports citizen-centric services.
What is the deadline for IPv6 migration?
The government has set a preferred timeline of December 2012 for completing migration of all payment gateways, banks, and financial institutions.
Who can I contact for help with IPv6 implementation?
Shri R. M. Agarwal, DDG (NT) at DoT, is heading the support team. His mobile number is 9868133440.