Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Aviation

SBI chairman defends sending Jet Airways to bankruptcy court

Updated : June 20, 2019 10:38 PM IST

Earlier this week, SBI-led consortium of 26 lenders had decided to seek resolution under IBC as they had received only a conditional bid.
The statement comes on the day when the Mumbai bench of the NCLT admitted lenders' plea for insolvency for the airline which stopped flying from April 17.
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