Jet Airways in talks with SBI for â¹1,500 crore loan: Reports
Cash-strapped Jet Airways is reportedly in discussions with the State Bank of India (SBI) for raising â¹1,500 crore short-term loan to meet its working capital requirement and some payment obligations. Etihad Airways, which holds 24% stake in the Naresh Goyal-controlled airline, may provide guarantee for the loan, reports added. Jet Airways had â¹8,052 crore of debt as of September. 