Zero roadblocks for buying Jet Airways: SBI chairman Rajnish Kumar

'The meal is ready to be served. A new investor can demand salt and masala to taste'

State Bank of India (SBI) Chairman Rajnish Kumar was caught in a complex situation where the two promoters of Jet Airways didn’t see eye-to-eye, in the process threatening to ground a resolution process for the airline. He needed to find a Plan B. In an interview with Arindam Majumder, he explains the contours of the resolution process and why he believes investment in Jet makes sense for a new buyer. Edited excerpts:

There are some concerns over why the loan of Rs 1,500 crore has been extended. What is the collateral you have considered?
 

We have secured the entire loan.