Air India offered to pay Rs 60 crore which is a drop in the ocean of what oil marketing companies owe.
The e-auction of Rajashree will take place on July 22 while that of Shree Vaishnavi on July 29.
The NCLT had directed JAL to release and discharge interest created over the land to lenders including ICICI Bank.
As per data from RBI, gross loans and advances in state-run banks came in at 638.2 bn rupees, as of March 31, 2019.
DHFL only been able to make a 40 per cent payment on unsecured commercial papers due on Tuesday.