ICFAI (Institute of Chartered Financial Analysts of India) is a private educational institution that was established with the objective of providing quality education to students in various fields. ICFAI had established its study centers in major cities and offered various courses without seeking proper recognition and permission from the concerned authorities. This lack of recognition and permission made the courses offered by ICFAI not valid for government sector jobs.

However, despite the lack of recognition and permission, the courses offered by ICFAI Tripura were in high demand and the students who pursued these courses were absorbed by private organizations. The reputation of ICFAI was largely based on the quality of education that it provided and the skills that the students acquired through its courses.

After filing a lot of petitions, ICFAI eventually got registered with some North Eastern states. However, this came after a long period of time during which the reputation of ICFAI had taken a severe hit. The lack of recognition made it difficult for the students to get government sector jobs, which was a major setback for them.

Even after getting registered with a state, ICFAI still faces the risk of non-recognition. This is a major concern for the students who pursue courses offered by ICFAI. While the institution has made efforts to address this issue, it remains a challenge for the institution to establish its reputation and gain recognition from the concerned authorities. Therefore, it is important for the students to thoroughly research the institution and its courses before enrolling in them to avoid any future complications.