Clarity on Jet Airways to emerge within a week, says SBI chairman Rajnish Kumar
SBI chairman Rajnish Kumar said that many investors are showing interest in buying stake in Jet Airways
- May 19, 2019,
- Updated May 19, 2019 12:16 PM IST
Lenders to grounded Jet Airways are confident over the future of the airline, with Rajnish Kumar, chairman of State Bank of India (SBI) expressing hope that clarity will emerge in a week's time.
"Various options are being evaluated. Legal opinion is being taken. There are many investors who are showing interest. We have to see whether they have the money and the wherewithal. I think the clarity should emerge in a week's time," the SBI chief told IANS on Saturday.
When asked if there were investors other than those who had submitted unsolicited offers, Kumar said that there were many who were showing interest. He, however, did not elaborate on the names of the bidders but added that their seriousness would have to be checked.
Lenders to grounded Jet Airways are confident over the future of the airline, with Rajnish Kumar, chairman of State Bank of India (SBI) expressing hope that clarity will emerge in a week's time.
"Various options are being evaluated. Legal opinion is being taken. There are many investors who are showing interest. We have to see whether they have the money and the wherewithal. I think the clarity should emerge in a week's time," the SBI chief told IANS on Saturday.
When asked if there were investors other than those who had submitted unsolicited offers, Kumar said that there were many who were showing interest. He, however, did not elaborate on the names of the bidders but added that their seriousness would have to be checked.