Hello,
Yes you may get call from indus business academy(IBA),banglore with this marks and last year cutoff for iba is 500.
Iba banglore shortlist candidates on the basis of mat marks then candidates need to submit statement 0f purpose(SOP).Further, shortlisted candidates are required to appear in Group Discussion and Personal Interview. Final selection is based on academic record,MAT marks,gdpi and sop.
Good luck!!
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