Banks will have to categorise investments into three categories from the next financial year: available for sale (AFS), held to maturity (HTM) and a new category called ‘fair value through profit and loss’, or FVTPL.

Source: https://pragativadi.com/rbi-issues-revised-norms-for-investment-portfolio-of-commercial-banks/

Focusing attention on unrealized losses within HTM has two logical flaws.

Source: https://www.marketscreener.com/quote/stock/CHARLES-SCHWAB-9603993/news/Schwab-Reports-Monthly-Activity-Highlights-43230644/?utm_medium=RSS&utm_content=20230313

On Charles Schwab's balance sheet it reports $147.8 billion worth of AFS securities and $173 billion in HTM securities, which is enough to cover almost all of the deposits.

Source: https://seekingalpha.com/article/4592577-charles-schwab-stock-off-the-charts-liquidity-hold?source=feed_all_articles