{"id":265369,"date":"2019-03-20T06:50:30","date_gmt":"2019-03-20T06:50:30","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=265369"},"modified":"2019-03-20T06:50:30","modified_gmt":"2019-03-20T06:50:30","slug":"govt-asks-banks-to-save-jet-airways-avoid-bankruptcy-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-asks-banks-to-save-jet-airways-avoid-bankruptcy-report\/","title":{"rendered":"Govt asks banks to save Jet Airways, avoid bankruptcy: Report"},"content":{"rendered":"<p>The government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as Prime Minister Narendra Modi seeks to avert thousands of job losses weeks before a general election, two people within the administration told Reuters.<\/p>\n<p>The finance ministry has in the past year sought regular updates from the banks, led by State Bank of India (SBI), on Jet\u2019s financial health, the people said. In recent months, the banks have provided weekly updates about a revival plan and also sought government advice, the people added.<\/p>\n<p>\u201cTop officials at the finance ministry seek regular updates on the issue,\u201d said an official at one of Jet\u2019s lenders, who did not want to be identified as discussions are private.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as Prime Minister Narendra Modi seeks to avert thousands of job losses weeks before a general election, two people within the administration told Reuters. The finance ministry has in the past year sought regular updates from the banks, led by State Bank of India (SBI), on Jet\u2019s financial health, the people said. In recent months, the banks have provided weekly updates about a revival plan and also sought government advice, the people added. \u201cTop officials at the finance ministry seek regular updates on [&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":[184,141,130],"tags":[],"class_list":["post-265369","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-hindustantimes","category-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/265369","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=265369"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/265369\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=265369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=265369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=265369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}