Edelweiss CEO on Rising Indian Middle Class Debt

Imagine you're borrowing money.

Radhika Gupta, a financial expert, says it's okay to borrow for important things like going to school or buying a house, because these can help you build your future.

However, she warns against borrowing money for things like concerts or jewelry, because these are just fun things, not investments.

She thinks that many middle-class people in India are getting into too much debt, using credit cards more and more, and that it's becoming a problem.

She explains that it's important to manage your debt carefully so you don't get stressed out or struggle to pay it back.

It's about using debt wisely, not avoiding it altogether.