I can say that CBIT is better than PES but RVCE is much better than CBIT Hyd(average package at CBIT is 6.5Lac but average package at RVCE is 8 Lac).
CBIT may become competitor in the future but not now.
If you get CSE/IT in RVCE then blindly go for it.
For other branches, take your location, campus infrastructure, hostels, money, etc into consideration.