State Bank of India's (SBI) chairman said on Wednesday that putting Jet Airways into bankruptcy is the "last option" and that its lenders are making every effort to keep the airline flying.

SBI Chairman insists bankruptcy 'last option' for Jet Airways

Govt steps in to rescue Jet Airways, asks state-run banks to help

Shares of Jet Airways Ltd jumped as much as 6 per cent on Friday, a day after two sources told Reuters that founder Naresh Goyal had agreed to step down as chairman.

Jet Airways shares rise after report of chairman stepping down

Jet Airways Ltd, India's biggest full-service carrier, has been under dark clouds for the most part of the past year, and several efforts are on to save the sinking airline.

Timeline: Debt-laden Jet Airways' rocky ride

Virtually ruling out possibility of bailout package for crisis-hit Jet Airways, Civil Aviation Minister Suresh Prabhu Monday said it is for private airlines' boards and managements to ensure that they function properly and take appropriate measures depending on prevailing market conditions.

Aviation minister says private airlines' management has to take appropriate steps amid Jet Airways crisis