Extend special loans to Jet to clear staff dues: Bank employees union

All-India Bank Employees Association praises SBI-led lenders for deft handling of Jet case

Jet Airways

Bank unions have thrown their weight behind employees of Jet Airways and have sought special loans for the carrier for paying off staff dues. The unions have also asked the government to take over the grounded airline or merge it with state-owned Air India. They praised lenders led by State Bank of India for their mature and pragmatic handling of the Jet Airways case, especially for not yielding to pressure to extend a rescue loan. ALSO READ: Jet Airways crisis: Lenders keen on non-IBC resolution if bidding fails The All-India Bank Employees Association said on ...