The government has also given permission to the CBI to prosecute Usha Ananthasubramanian.

Jet Airways, however, claimed that its account with SBI and all other banks is "standard" and it has not defaulted on any of its payment obligations.

Paresh Sukthankar, the man who was seen as a natural successor to Aditya Puri, MD & CEO, abruptly resigned on Friday from the largest private bank in the country.