The housing finance scam busted by the Central Bureau of Investigation has created turmoil in the industry. However, its is unlikely to affect business in home loan segment, commented a top banker.

"One incident does not spoil the whole industry... in every sector such things have happened," HSBC Group, Country Head, Naina Lal Kidwai said.

"We have had Satyam but it does not mean that the whole IT industry is bad. It is hard to paint every one with the same brush because of one incident," she added.

She however strongly said that prompt action needs to be taken in this regard against those guilty. "Action must be swift and it must be taken."