Jet Airways Bankrupt With Debt Of 8000 Crores Association With State Bank Of India
On June 13 hearing on bankruptcy of Jet Airways and banks will be held and will decide to whether to declare the airline as bankrupted or not.
Jet Airways has a debt of Rs. 8000 crore to the association of state Bank of India, situation turned to be worst when the airline had a loss of 13,000 crore along with the vendor dues of almost more than 10,000 crore. Finally the salary dues of the employees are Rs. 3000 crore.
Source:Economic Times
- 12 Jun 2019
- WerIndia
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