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SBI holds emergency meeting with key Jet protagonists : reports

Feb 27, 2019 11:41 IST

The State Bank of India or SBI, will reportedly hold an emergency meeting with key stakeholders of the beleaguered Jet Airways. The meeting assumes significance because Naresh Goyal and representatives of Etihad, are all apparently attending the meeting. On the agenda, a proposal to convert a part of the company's loans into shares will be taken forward and discussions on ironing-out any differences over the plan may take place. SBI is the lead lender of a consortium that has extended loans to Jet Airways.

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