(b)  New liability products:  The industry has paid adequate attention so far on developing new products on the asset side but neglected the savers and depositors. It is myopic for us to have such one sided approach as it is the savers and depositors who provide the wherewithal for the industry to perform its basic function of intermediation.
The banks and non-bank institutions have to come up with innovative solutions tailored to the needs of 28 million depositors and savers of Pakistan. The Government has made the playing field level for you by removing the preferential returns in the National Savings Scheme, which has hurt the scheme holders badly.