ISB ( Indian School of Business) which accepted only GMAT score as part of admission process till 2016 intake, will now accept GRE scores as well ( as per the latest announcement made by the school) for its PGP ( one year full time) program.
ISB has suggested no cutoff or minimum GRE score and scores upto 5 yrs old are valid ( just like GMAT). ISB will treat both GRE and GMAT score alike ( no preference to GMAT) and in case you have both GRE and GMAT scores, ISB will consider the higher score.
According to Apphelp, the intent behind allowing aspirants with less work experience to apply ( through YLP and EEO) and now accepting GRE score is to encourage more and more aspirants to apply to the program and make admission process easier for them. Surely, with the increased class size, ISB also needs more applicants to maintain the quality.