Hey as per my idea yes BIBS is NAAC accredited university, approved by UGC and AICTE, under the Ministry of HRD of the Government of India.

About institute
Bengal Institute of Business Studies, abbreviated as BIBS Kolkata or BIBS, is a public business school located in Kolkata (Calcutta), West Bengal, India.

Eligibility-
Candidate must have graduation from any recognized University
Final year candidate can also apply

Selection criteria
Admissions are done on the basis of score/percentile in CAT/MAT/XAT/BIBSAT exam followed by Group Discussion and Personal Interview

Weightage
70% weightage to the Personal Interview
15% weightage is given to Academic Performance
15% weightage is given to the Scores of CAT, XAT or MAT

Address:
Bengal Institute of Business Studies
18D Lakeview Road,
Lake Terrace,
Ballygunge,
Kolkata,
West Bengal 700029
Phone:033 2466 9237

chutiya samjha hain kya beh. EKDUM FALTU COLLEGE HAIN. NO ACCREDITION. AICTE WILL CLOSE YOU.