India state banks want Jet Airways’ Goyal to reduce stake to 10 per cent: Report
MUMBAI- A group of Indian state-run banks want Jet AirwaysNSE 2.72 %’ embattled founder and Chairman Naresh Goyal to reduce his stake in the carrier to 10 percent, news channel CNBC-TV18 reported on Thursday, quoting sources.
“Banks want Goyal to bring his stake down to 10 percent, below the 17 percent envisaged in the bank-led provisional resolution plan (BLPRP),” sources told CNBC-TV18.
The state-run banks are also pushing Goyal to step down, CNBC-TV18 added.
