Boeing Co. 737 aircraft operated by Jet Airways India Ltd. approaches to land at Chhatrapati Shivaji International Airport in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

SBI Is Said Poised To Control 15% Of Jet Airways After Debt Conversion

State Bank of India is set to take an equity stake of at least 15 percent in Jet Airways India Ltd. as lenders to the carrier plans to convert part of their loans into equity, people with knowledge of the matter told Bloomberg News.

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