Can Fin Homes is targeting to sustain the 30 % growth going forward. Net interest income (NII) will also grow in the same pattern on the back of growth in housing loans in business class. A positive increase in loan book from October onwards and aims to expand it to Rs 10,800 cr by March next year.

The company continues to borrow from the bond market, that is commercial papers (CP) and Non-convertible debentures (NCD), for the entire incremental borrowings. The company is confident that the cost of borrowings will come down further even though the rate of interest for all our housing loans have been reduced by 30 basis points in October, 2015 onwards.

From October onwards, there is a good push in the market. We are receiving a lot of inquiries and these inquiries are getting converted into the proposals, then the reduction of the rate of interest from 10.2 to 9.95 and 8.85 % loans and all these things, they are also contributing a lot in improving our business. We are getting more business and the balance transfers from the banks also is reduced because of low interest rate in our company itself. That growth of 30 %, we will be maintaining. For March, 2016, our target is Rs 11,000 cr, but we are confident that we may be reaching around Rs 10,800 cr.