The 10-year bond yield has spiked close to 7.3 percent this morning. In an interview to CNBC-TV18, Sanjaya Gupta, MD of PNB Housing Finance assessed the impact on their cost of borrowing.

Confident of beating industry growth: PNB Housing Finance

Despite seeing a slowdown in housing loans, the management of PNB Housing Finance is confident of a better than industry growth rate and also maintaining margins at the current level. “We are doing very well and I think our growth rates will be far smarter than the industry growth rates,” Sanjaya Gupta, MD of PNB Housing Finance told CNBC-TV18.

Housing fin cos expected to grow at 18-19%: PNB Housing Finance

Speaking to CNBC-TV18 Sanjaya Gupta, MD of PNB Housing Finance said that he expects the market size in the housing finance sector to get re-defined next year.