SBI, with â¹1,600cr exposure to Jet Airways, may loan â¹1,500cr more
Debt-laden Jet Airways is reportedly close to reaching a deal with SBI for a fresh loan of â¹1,500 crore to meet its working capital needs. The state-owned bank already has an exposure of about â¹1,600 crore to the struggling airline. The fresh loan is subject to the bank satisfactorily completing a forensic audit of the airline's books, reports added.