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Dear Supriya ,
I have already answered such question twice over here.there is no diff in MBA and PGDBA (2Year). Just the nomenclature, as per UGC law only universities can confer MBA or Degrees so Institutes offering MBA is called as PGDBA/PGDM to avoid violation of Law.
forget IGNOU,but IMT/SMU is really great for MBA program.
You can go for Symbiosis too.
Simply answer my question
MNC or Any big org will prefer MBA from which One1) Indian Institute of Magt , IIMor2) Any University of India
If your Ans is option 1, then go for PGDBA of IMT/WELINGKAR/SYMBIOSIS/NIIMS cause IIM's do not offer MBA but only PGDBA and you know their average starting package is more than 8 Lacs and as high as 60 Lacs , with more than 90% of them getting appointment letters from the MNC while campus recruitment.
If PGDBA was less than MBA even by 2% ,it would not have been possible.
If your Ans is Option 2, then go for SMU or any other University you prefer.
Good Luck.!