Debt-laden Jet Airways' lenders Thursday said they would invite bids for selling the stake in the airline on April 6 as part of a time-bound resolution plan.
The consortium of lenders, led by State Bank of India (SBI), took stock of the current situation at cash-strapped Jet Airways and decided on the timeline for the stake sale.
The bids would be invited on April 6 and the last date for submission would be April 9, the lenders said in a statement. "The lenders are cognizant that the outcome of the efforts of the lenders will depend on the interest shown by the