Do you have any more information about it, besides its initials? URL? Full name? Address in India? My understanding is that India is a lot like the US, with individual states applying broadly varying standards in licensing local schools. Then some of these non-accredited institutions subsequently acquire accreditation by the University Grants Commission's accreditation arm that spun off into autonomous status as the National Accreditation and Assessment Council in the mid 1990's. http://www.naac-india.com
ICFAI University (www.icfai.org) is an Indian university which was created in 1984 by the Institute of Chartered Financial Analysts of India and which bestows the bachelor's and master's degrees upon eligible students. They operate under the laws of Uttaranchal, Tripural, and Sikkim. They are seeking accreditation from the American Assembly of Collegiate Schools of Business, the European Foundation for Management Development, and the Association of Management Development Institutions of South Asia.
