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SBI invites bids for stake sale in Jet Airways

08 Apr 2019 Evaluate

State Bankof India (SBI) has invited bids for stake sale in ailing Jet Airways. The bankwhich is the lead lender of a consortium of domestic lenders that has extendedloans to Jet Airways is looking for change in control and management of thecarrier.

SBI Capital Markets would be assisting and advising the lenders on the bid process. The bids have to be submitted by April 10.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.

SBI Share Price

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Company Name CMP
SBI 973.50
PNB 104.70
Canara Bank 129.35
Bank Of Baroda 266.00
Union Bank Of India 163.80
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