"Ispat is a JSW-controlled company now. Sajjan Jindal is set to be its chairman. So, we are betting on Sajjan Jindal and JSW's balance sheet and not that of Ispat. We are evaluating the proposal and seeing what are our options. It's still under discussion. We have a good banking relationship with JSW Group, therefore we are hoping that a workable solution can get achieved," said a senior Axis Bank official, on condition of anonymity as talks are ongoing.