SBI vs. Jalan Kalrock: Who Will Control Jet Airways’ Future?
The Jalan Kalrock Consortium is calling out the State Bank of India (SBI) for messing up Jet Airways' resolution plan, claiming SBI would rather scrap the airline's assets than help it get back on its feet. They say SBI's actions have made it tough for them to meet regulatory needs and keep their airport slots.
By Avi G
October 2, 2024