BIZ BRIEFS

GBL’s new scheme

KATHMANDU: Global Bank Ltd (GBL) has launched a new product - Global Nari Bachat Khata’ ahead of Hindu women festival Teej. The product is especially designed for women and account can be opened for Rs 100. The accountholder will avail an ATM card free of cost, states a bank press release here. The deposit in the account is subject to four per cent interest per annum on a minimum monthly balance. The bank will provide medical insurance of up to Rs 10,000 and also accidental death insurance worth four times of the balance or to a maximum of Rs 500,000, whichever is lower. Additional benefits include, discount on lockers, processing fee of auto and housing loans. — HNS

Emami’s ambassador

KATHMANDU: Emami Pvt Ltd has announced Shahrukh Khan as the brand ambassador for its product, Fair and Handsome. Fair and Handsome, in collaboration with Activor Corp, USA, has been introduced in the market as a fairness cream which is suitable for the tougher skin of men. The cream protects men’s skin from ultra violet rays and pollution as men are more exposed to external environment. —HNS