{"id":260761,"date":"2019-02-23T04:55:58","date_gmt":"2019-02-23T04:55:58","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=260761"},"modified":"2019-02-23T04:55:58","modified_gmt":"2019-02-23T04:55:58","slug":"jet-airways-lenders-considering-interim-funding-of-%e2%82%b9500-crore-pnb-md","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-lenders-considering-interim-funding-of-%e2%82%b9500-crore-pnb-md\/","title":{"rendered":"Jet Airways lenders considering interim funding of \u20b9500 crore: PNB MD"},"content":{"rendered":"<p>New Delhi: A consortium of banks is considering an interim funding of \u20b9500 crore for debt-laden Jet Airways (India) Ltd, but a final decision is yet to be taken, Punjab National Bank managing director Sunil Mehta said on Friday. PNB is part of the lenders&#8217; consortium, led by State Bank of India (SBI), that has extended loans to the airline.<\/p>\n<p>The consortium is looking at the entire process and something is being worked out.<\/p>\n<p>&#8220;Of course, (the) consortium is in favour (of interim funding). It is a going concern and we would like to preserve its (airline&#8217;s) value,&#8221; Mehta said. &#8220;It is too premature to tell you about that plan (interim funding)&#8221;, bankers are already working on it, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: A consortium of banks is considering an interim funding of \u20b9500 crore for debt-laden Jet Airways (India) Ltd, but a final decision is yet to be taken, Punjab National Bank managing director Sunil Mehta said on Friday. PNB is part of the lenders&#8217; consortium, led by State Bank of India (SBI), that has extended loans to the airline. The consortium is looking at the entire process and something is being worked out. &#8220;Of course, (the) consortium is in favour (of interim funding). It is a going concern and we would like to preserve its (airline&#8217;s) value,&#8221; Mehta said. [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-260761","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/260761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=260761"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/260761\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=260761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=260761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=260761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}