Many get confused between ISB and IBS Hyderabad. The former is a top B School with high Global rankings while the latter is a mediocre college.
As far as placements are concerned, they depend more on an individual’s profile, skills, knowledge, and personality than the college they hail from. Yet I have to admit having IBS on your resume will definitely limit your chances of getting a decent package. This is because the brand value is low and it does not meet the standards of the top B Schools. I know a friend who after graduating from IBS did his internships at a top bank and ever since then has been unemployed in the search of a decent job.
My personal advice regarding higher education is that it’s better to invest and go for a college that will add value to your resume in the future than spend less money and go for a mediocre college that might make the job-hunting game a difficult one for you.