Banks extend deadline to submit bids for Jet stake to April 12

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The Economic Times | A Times Internet Limited product




The State Bank-led consortium of lenders Wednesday extended the deadline for submitting bids for the cash-strapped Jet Airways by two days to Friday, said SBI Capital Markets. On April 8, SBI Capital Markets invited bids on behalf of the lenders led by SBI, which has put between 31 percent and up to 75 percent in the airline for investors.




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Watch Banks extend deadline to submit bids for Jet stake to April 12 With HD Quality.

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    Banks extend deadline to submit bids for Jet stake to April 12

    The Economic Times | A Times Internet Limited product




    The State Bank-led consortium of lenders Wednesday extended the deadline for submitting bids for the cash-strapped Jet Airways by two days to Friday, said SBI Capital Markets. On April 8, SBI Capital Markets invited bids on behalf of the lenders led by SBI, which has put between 31 percent and up to 75 percent in the airline for investors.




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  • Watch Jet Airways: Lenders may extend deadline to Jan 15 to accommodate more players Video
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    Jet Airways committee of creditors today voted on whether to extend deadline for expression of interest in the debt-ridden airline. Lenders may extend deadline to Jan 15 to accommodate more players. Here's ET Now's Rahul Kumar with the details, Listen in !

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  • Watch Two bids received for Jet Airways: Sources Video
    Two bids received for Jet Airways: Sources

    The Economic Times | A Times Internet Limited product




    The lenders to Jet Airways have received two bids for the cash strapped carrier, and none of the bids are from an airline. This is what ET Now has learnt reliably from sources close to the development. One of the bidders could be a fund. SBI Capital, which has the mandate for Jet's sale, decided to increase the bid submission deadline from April 10 to April 12th as its confident of other parties participating in the process.




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