The State Bank of India (SBI) is understood to have called a meeting of the lenders with Jet Airways chairman Naresh Goyal and Etihad Airways CEO Tony Douglas on Wednesday.
The meeting has been called after the shareholders of Jet Airways cleared various proposals that will pave the way for banks to pick up a majority stake in the beleaguered airline.
The lenders, led by the SBI, are also expected to infuse urgent funds into the airline. The airline may also come up with a rights issue that could see participation from both Goyal and Etihad. It is not yet clear whether the rights issue will come up for discussion at Wednesday’s meeting.
