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Aviation

SBI says no decision taken on moving NCLT against Jet Airways

Updated : February 25, 2019 06:40 PM IST

A consortium of banks, led by SBI, has extended loans to Jet Airways, which is looking to rejig debt and raise funds.
Lenders can initiate proceedings under the Insolvency and Bankruptcy Code (IBC) to recover dues from debt-laden entities.
SBI says no decision taken on moving NCLT against Jet Airways
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