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On Monday, Bandhan Bank's stock price plunged over 12% to 153.94 rupees, affected by reports that its founder Bandhan Financial Services is considering a private equity sale or IPO to exit investors such as GIC Ventures and IFC. According to reports, the board favors a private sale to obtain a higher valuation and has set June as the final deadline for an IPO, as its stake must be reduced to 26% by 2030.