January 21: The economic slowdown may exacerbate the bad loan situation and that is the word coming from India ratings. They believe that almost Rs. 1 lakh crore of loans are due for refinance. So will the slew of defaults trigger a default domino? Saswata Guha, Director of Financial Institutions, Fitch Ratings and Bloomberg TV India’s economy reporter Saloni Shukla discuss the issue at length.