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HIDCL awaits govt’s approval to initiate merge & acquisition process with NIFRA

KATHMANDU: Hydroelectricity Investment and Development Company (HIDCL) is preparing for merger NIFRA. Following Nepal Rastra Bank (NRB) opening ways for the merger of two large banks and financial institutions established to invest in infrastructure in Nepal, these two firms have started merger and acquisition process and are awaiting approval...

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