The Academic Bank of Credits (ABC) is a key initiative under the National Education Policy 2020. It is designed to provide students with greater flexibility in their higher education journey. A significant feature of ABC is its ability to facilitate the transfer of academic credits earned by students between various Higher Education Institutions (HEIs) across India. This system allows for multiple entry and exit points in academic programs, meaning students can pause their studies and resume later, or transfer to different institutions without losing the credits they have already earned. Credits are stored securely for a minimum of 7 years. The transfer of credits requires approval from both the institution where the credits were earned and the institution where they are being transferred. Only verified institutions are permitted to upload credits, ensuring transparency and a more adaptable approach to curriculum design. APAAR, or Automated Permanent Academic Account Registry, is linked to this initiative, providing a unique student identification number for all students in India as part of the 'One Nation, One Student ID' program.