Jet Airways Crisis: SBI Chief, Employees meet Finance Minister Arun Jaitley

With Jet Airways flying pretty much 33% of its armada, defaulting on intrigue installments and postponing compensations to pilots, the SBI chief on Wednesday met Finance Minister Arun Jaitley. Banks, driven by the SBI, are endeavoring to resuscitate obligation loaded Jet by change in the executives as they feel breakdown of the carrier won't be useful for shoppers and rivalry, a source said.

State Bank of India Chairman Rajnish Kumar alongside Aviation Secretary Pradip Singh Kharola and Principal Secretary to Prime Minister Nripendra Misra met Jaitley Wednesday evening.