SBI chief talks tough on Jet bailout

Mumbai: State Bank of IndiaNSE 2.20 % Chairman Rajnish Kumar said Saturday the comprehensive resolution plan to bail out Jet AirwaysNSE 2.90 % will be implemented if all conditions by all stakeholders are met.

“Whatever is the resolution plan, it will be implemented if all the conditions by all the stakeholders — be it Naresh Goyal, Etihad or the lenders — are met,” he said while talking to media persons here.

Kumar said it is not a simple resolution plan and necessary approvals by the government will be required to put the ailing airline back on the track.