SBI To Choose NCLT Route For Jet Airways
  • WebDesk BTVI
  • Jun 17 2019

Sources have informed that SBI has decided to take Jet Airways account to NCLT, as lenders fail to get concrete offer from Etihad and Hinduja. NCLT had been kept as the last option to recover funds for Jet Airways and lenders have decided to seek resolution under IBC after due deliberations. SBI is the lead banker in consortium of lenders to Jet Airways.