Business Equitas Holdings proposes new scheme to list Equitas Small Finance Bank Updated : September 09, 2019 08:48 AM IST EHL has proposed to capitalise free reserves of Equitas Small Finance Bank (ESFB) and issue shares of the subsidiary to its shareholders without cash consideration. Under the RBI's regulatory requirements, ESFB was to be listed on capital markets on or before September 4, 2019 and have a net worth of Rs 500 crore. RBI had turned down ESFB's request for extension of timeline for listing of shares of the banking entity. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.