The bank expects to get ₹1,000 crore for its 30% stake in the housing finance arm.
RBI told Equitas that 'its request for extension of timeline for listing of share of ESFB cannot be acceded to'.
While IDBI Bank owns 48% of the insurance company, Federal Bank and Ageas Insurance International NV own 26% each.
Jet Airways suspended operations in April due to acute fund crunch.
The lenders decided that they would extend the deadline for bids if the airline failed to attract suitors by Saturday.
The bank is looking for bidders for more than 170 million shares in companies.
IPOs & Markets
Shriram Transport said that tranche 1 will open for subscription on 17 July.
The company had raised $200 million in FY19 through the external ECB route.
This is IFC’s first investment in a gold-loan non-banking financial company (NBFC) in India.
In January, SBI had raised $1.25 billion through bonds from the overseas market.
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