Which is better in terms of placement, CSE at MS Ramaiah or EEE at NITK?

I think you should go with EEE at NITK. NIT-Surathkal is among the top 3 NITs in India and is definitely doing great regarding the campus placements.
.The placement percentage for EEE branch is around 90%. Few of the companies for EEE branch are as follows:
1. Goldman Sachs
2. Murugappa
3. SAP Lab
4. Microchip Tech
5. Seagate
6. Schneider Electric
7. Texas Instruments
8. Siemens
9. Reliance
10. HSBC
11. TCS Digital
12. SanDisk