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Bangalore , March 29

THE Indian Institutes of Management are in the process of rationalising the varying fee structure as it exists today. Even as IIM-Lucknow and IIM-Kozhikode have announced a fee hike, IIM-Bangalore has decided to continue charging the existing fee of Rs 1.5 lakh per annum for its post-graduate programme.

Confirming this, Dr Prakash G. Apte, Director, IIM-B, told Business Line, "We'll continue with the same fee structure."

But the institute has decided to increase the intake of students this year to 250 from last year's 190.

"And no, this is not to offset the decision not to hike the fees. It is an independent decision taken by the board," he said.

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