MBA Finance

Hello Rashmi,
Here are few best college apart from IIM:
1.XLRI -Xavier School of Management
This management institute is ranked no.3 in the list of top management institutions in India. XLRI is also acknowledged as one of the oldest b-schools of the country.
2. Faculty of Management studies (FMS), Delhi
Established in 1954 under the university of Delhi, this B-school in India is ranked 4th in the list of top B-schools of India. FMS offers management education to the professional managers as part-time and full-time MBA programmes.
3. S.P. Jain institute of management and research (SPJIMR), Mumbai
SPJIMR is a constituent of Bharti Vidya Bhavan and is recognized as one of the premier business schools of India. The institute grew from one of the three B-schools in Mumbai in 1981 to one of the top 10 B-schools in the country.
4. Indian Institute of foreign trade, Delhi (IIFT)
The Indian institute of foreign trade was established by the government of India in 1963 to help and improve the foreign trade management of the country. It is the only b-school in the list of top 1 institutes of India that offers Masters in business administration in international business (MBA-IB).

Dear Lokesh,
It is great to know that you are considering Finance sector for MBA. But, let me tell you, first that if you are wishing to pursue MBA in Finance, then you cannot afford to take any low graded college (even if its fees is quite low). You should to choose the best.
In my opinion, you need to go in Indian School of Business, Hyderabad. I hope you know very well that it is also called as Harvard of India. It's fees is really high (and selection criteria is also very rigorous), but ROI is good. Average Placement is normally INR. 20-25 lacs pa.
If not ISB, then you may go for IIM-B for it. IIMB is not in Hyderabad, but also the best college for MBA finance.