"We are also checking on the conduct of the account independently from banks," ICRA said in response to PTI queries. SBI Chairman Rajnish Kumar had said last week that the bank's exposure to Jet Airways was part of a "watch list". A day later, Jet Airways however said it is "regular" in all payment obligations including to all its banks. "Our account with all the banks as on date is 'Standard'," Jet Airways had said in a statement. Officials said Sebi is looking into the role of Jet Airways as well as of rating agencies regarding timely disclosure to investors about alleged default risk of loans availed by the company. A credit rating agency is required to take necessary rating action on a loan availed by a company rated by it as soon as it gets information about change in the default risk status.