SBI set to hold 15% stake in Jet post restructuring: Reports
State Bank of India (SBI) will reportedly take at least 15% stake in cash-strapped Jet Airways as its lenders plan to convert some loans into equity. Reports said the carrier's second-largest shareholder Etihad Airways' stake may go above 40% as it may infuse additional funds. Jet's Chairman Naresh Goyal's stake will fall below 20% from the current 51%, reports added.