50,000/- in all the accounts taken together and the total credit in all the accounts taken together is not expected to exceed rupees two lakh in a year) only with self certification of address by the customers and his photograph."
The first two building blocks offer unlimited refinancing against a very wide range of collateral. However, they can only reach the financial system because of the very large number of counterparties that participate in our refinancing operations. Currently, 2,200 credit institutions in the euro area have the opportunity to refinance themselves with us.