How is the placement of IIBS-Bangalore as it claims its average package to be around 4.5 Lacs and highest to be 22 lacs, is it true?

It appears that Amity Global Business School Indore is generally considered a better and more reputable MBA programme compared to Indore Indira Business School. Here's a summary:

Amity Global Business School Indore:

Ranked among the Top 10 B-Schools in India according to reputable rankings

Considered a Tier 1 business school with academic excellence and strong industry reputation

Part of the prestigious Amity Education Group, ranked as the #1 Not-For-Profit Private University in India

Excellent placement record with top companies recruiting from the campus

the highest domestic package offered is INR 17 LPA, with average salaries in the INR 4.5-5.5 LPA range

Modern, well-equipped campus with state-of-the-art facilities

Indore Indira Business School:

Limited information available on its rankings, placements and reputation compared to Amity

Not mentioned among the top B-schools in India based on the search results

Relatively lesser known and established compared to Amity Global Business School Indore