Jet Airways in talks with SBI for Rs1,500 cr loan

The Naresh Goyal-controlled airline, which has posted three consecutive quarterly losses of over Rs 1,000 crore each since March, already has as much as Rs 8,052 of debt on its books as on September 30. Rating agency Icra has already cut the rating on Jet Airways borrowing programmes.

from Times of India http://bit.ly/2GL3PIc