Hi @vinaykl,
I am unable to test the project, since we only have the evaluation boards as reference, but does execution stop in line 97 (Power_Ip_Init)?
In your design, could you confirm if the V15 supply is taken from de FS26/SBC 1.5V regulator?

In the S32K344 EVB, if jumper J31 is set at default (1-2), this setting should be disabled:

Other than that, I don't see anything necessarily wrong in the configuration or code, it seems to be the same as the provided examples.
Best regards,
Julián