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Jet Airways in talks with SBI for ₹1,500 crore loan: Reports
short by Shruti Maria Mahendar / on 31 Dec 2018,Monday
Cash-strapped Jet Airways is reportedly in discussions with the State Bank of India (SBI) for raising ₹1,500 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 ₹8,052 crore of debt as of September.
short by Shruti Maria Mahendar / 03:51 pm on 31 Dec
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