The Centre has urged state-run banks, led by SBI, to convert debt into equity and take a stake in Jet, which would however be "transitory", in a rare move in India to use taxpayer money to save a struggling private sector company.SBI boss Rajnish Kumar insists bankruptcy #39;last option#39; for Jet Airways
The Centre has urged state-run banks, led by SBI, to convert debt into equity and take a stake in Jet, which would however be "transitory", in a rare move in India to use taxpayer money to save a struggling private sector company.
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