Housing finance companies’ stocks were in focus on Monday after the IL&FS default and Friday’s collapse of NBFC stocks.

R Varadarajan, MD of Repco Home Finance, spoke to CNBC-TV18 about the company's business plans and growth outlook.

“We have 82-83 percent is by bank borrowing. Our dependence on market borrowing is very less; it’s only around 17 percent,” he said.

“In 17 percent our CPs are less than 10 percent and they are all coming for maturity probably in the next two-three months,” Varadarajan added.

Talking about the cost of fund, he said, "It has increased by 30-40 bps (basis points)." One basis point is one-hundredth of a percentage point.

According to him, 92 percent of the loan book is under floating rate.

Have you signed up for Primo, our daily newsletter? It has all the stories and data on the market, business, economy and tech that you need to know.