Jet Airways CFO Amit Agarwal resigned on Tuesday, in continuing crisis for the airline. (Photographer: Dhiraj Singh/Bloomberg)
Nearly six months after State Bank of India began scrambling to stitch together a resolution plan for Jet Airways (India) Ltd., the country’s largest lender finds itself back at square one.In bids closed last week, Etihad Airways PJSC offered to retain its 24 percent equity stake in Jet Airways but stopped short of offering any comprehensive resolution plan.With no other serious bidders emerging, lenders led by SBI are now preparing ...