State Bank Of India

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.