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India state banks want Jet Airways’ Goyal to reduce stake to 10 percent: CNBC-TV18

FILE PHOTO: Naresh Goyal, Chairman of Jet Airways speaks during a news conference in Mumbai, India, November 29, 2017. REUTERS/Danish Siddiqui/File Photo MUMBAI (Reuters) – A group of Indian state-run banks want Jet Airways’ embattled founder and Chairman Naresh Goyal to reduce his stake in the carrier to 10 percent, news channel CNBC-TV18 reported on Thursday, quoting sources. “Banks want Goyal to bring his stake down to 10 percent, below the 17 percent envisaged in the bank-led provisional resolution plan (BLPRP),” sources told CNBC-TV18. The state-run banks are also pushing Goyal to step down, CNBC-TV18 added. Jet has more […]

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