Rs 30,000 salary, Rs 40 lakh debt? Why Gen Z is slipping into a dangerous borrowing trap, plus 7 red flags to watch

Young Indians, particularly Gen Z, are facing a growing debt crisis. Easy digital loans and lifestyle demands are pushing them into significant debt. Many struggle to repay, leading to harassment and financial ruin. Experts highlight the need for responsible borrowing and financial literacy to navigate these challenges and avoid a widespread crisis.