For much of the last two years, households have been inclined to keep their assets very liquid and flexible. Interest rates have been low by historical terms, and didn't seem to provide much incentive for households to tie up their assets in time deposits.
It will also help SBP to identify the problem and institute corrective action on proactive basis. I would like to stress here that achieving high level goals such as strengthening and deepening of financial markets, ensuring financial stability, and bringing more efficiency and transparency in the financial sector will be possible only through our collaborative efforts and supportive role of the industry.