SBI's balance sheet is larger than the total GDP of Pakistan and 7 of its neighbours

Pakistan that is struggling with India on the basis of a mere $15 billion forex reserve, does not stand before our nation on any platform. One just needs to see the balance sheet of the country's largest bank, SBI, and it is greater than the cumulative GDP of our seven adjoining nations and that list even has Pakistan included.

SBI group's balance sheet is $858.82 billion i.e. Rs 73.14 lakh crore. The International Monetary Fund i.e. IMF, says that in 2024 the seven countries' economy is $611.05 billion. That is roughly $200 billion less when you compare it with what SBI holds in its accounts. Maldives' economy is $7.48 billion in size. Pakistan's GDP is $373 billion and Nepal's is $46 billion.

Bhutan's GDP is $3.42 billion, that of Myanmar is $64.94 billion, of Afghanistan is $17.25 billion, and that of Sri Lanka is $98.96 billion. Even if Pakistan and Bangladesh combined: Bangladesh's GDP is $467 billion and that of Pakistan is $373 billion. Even combined together both fall behind SBI by $19 billion.

The indirect economic impact of the conflict with India will also be huge for Pakistan. The disruption in economic activities and overall economic uncertainty can cost GDP up to $25 billion. Pakistan may also suffer a loss of $15 billion due to financial market instability and currency devaluation. Apart from this, disruption in trade and supply chain can cause a loss of about $12 billion.

Pakistan may also face losses of $5 billion related to FDI flows and IMF. Media reports claim that both Pakistan and India may face losses of over $500 billion over a period of four weeks if the conflict continues.