Jet Resolution may be first under ICA framework: Sunil Mehta, PNB
  • WebDesk BTVI
  • Apr 12 2019

PNB Chairman Sunil Mehta says there has been a lot of progress on the inter-creditor agreement (ICA) to solve the Jet Airways crisis. He adds that Jet Resolution, which is happening under ICA framework, could be the first resolution to have taken place under this framework. Mehta also reiterates that 36 creditors have so far signed the agreement, while foreign banks are yet to sign the deal.