I can speak with certainty that PGDM at LBSIM is a far better option than PGDM in Financial services at IMI Delhi. My brother is a recent pass out from LBSIM and the following highlight of the institute are based on his personal experiences 

• The IIRF ranks LBSIM 25th among private colleges
• It has a spectacular ROI in terms of placements and fees
• LBSIM is famous for its student culture
• You can get an insight into various angles of the industry you will be dealing with in the future 
• You can avail an abundance of opportunities through live projects and get to have a detailed experience in your specialization.
• The institute prioritizes a practical approach over theoretical knowledge through academic activities outside the classroom
• Various academic and non-academic clubs make the environment a friendly one 
• The institute boasts of a 100% placement record
• It has an elaborate alumni network that is spread across top companies like Big Four’s, Arcesium, Marsh & Mclennan, Asian Paints, Crisil
• LBSIM collaborates with various international universities for its student exchange program. Some of them include Nanyang Technological University, Singapore, Northern Illinois University, USA, European Higher School of Economics and Management, Bulgaria etc.
• A unique feature of the B School is its Bloomberg Terminal which is restricted to the top B Schools like IIM B, IIM C, and FMS only.

All these points clearly state that LBSIM is a very good choice for a PGDM program.