SBFC Finance Limited — Credit Ratings, 17-04-2026: Credit Rating

India Ratings (Ind-Ra) has reaffirmed SBFC Finance's credit rating for its Bank Loan Facilities and Non-convertible Debentures (NCDs) at 'IND AA-/Stable'. The reaffirmation reflects SBFC's adequate capitalisation, healthy profitability, and stable asset quality. The NCD limit was revised to ₹500 Cr. Investors should note senior management stability and bank-funded borrowing profile are monitorables.