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SBFC Finance Ltd announced that India Ratings & Research Private Limited, India Ratings & Research, India Ratings and Research (Ind-Ra), and India Ratings have affirmed ratings on various instruments linked to its originated securitizations. Specifically, India Ratings & Research affirmed the IND AA(SO)/Stable rating on Series A1 securitisation notes with an outstanding of 309.09 and the IND BBB-(SO)/Stable rating on Series A2 securitisation notes with an outstanding of 86; India Ratings & Research affirmed the IND AA(SO)/Stable rating on PTCs (Pass-Through Certificates) issued by Prime Trust LAP Aug 22 [SPV under ABS transaction] and affirmed the rating on Prime Trust LAP Aug 22’s SNs (Originated by SBFC Finance Limited); no enhancements, assignments, or withdrawals were noted in connection with these actions.