Jet Airways owes the 11 banks, including nine Indian banks, about ₹11,261 crore, the person said. In addition, Jet Airways owes $330 million ( ₹2,100 crore) to its foreign lenders— Dubai-based Mashreq Bank and HSBC. While Jet Airways owes $200 million ( ₹1,400 crore) to Mashreq Bank, it owes $130 million ( ₹910 crore) to HSBC. Etihad Airways is among four bidders shortlisted to submit binding bids for Jet Airways, Mint reported on 15 April. India’s largest public sector lender SBI has exposure to 27% of Jet Airways’ total debt.

Source: Mint April 21, 2019 19:41 UTC