JSPL's MD V R Sharma said the significant debt reduction is part of the company's long term financial strategy to create a strong balance sheet.

All India Bank Employees Association general secretary CH Venkatachalam said a dip in the number of the public sector banks was not in the interest of the banking industry and domestic economy.

Vistara said it will use its Boeing 787-9 Dreamliner aircraft with a three-class cabin configuration to serve the Delhi-Tokyo route.

"Our revenues from retailing of non-food merchandise have been substantially and adversely impacted. Nevertheless, the business has continued to incur committed expenditures especially with respect to our employees and other expenditures not directly linked to revenues," said Trent in a regulatory filing. The company has initiated various steps to mitigate the impact, it added.