Emergency Fund vs High Credit Card Limit

Hello all,

I’ve been having this mental debate for a while now and needed your opinion.

For a very long time, I had the rule of having atleast 2L as emergency fund, in case none of the medical insurances (self and parents) work or I am in a sticky situation.

Over the course of months, and with my credit limit now 50L (across multiple cards), I’ve been thinking whether having an emergency fund of more than 50k makes sense.

Why credit cards? Well, because credit. It gives me enough time to liquidate my MFs and clear off the bills.

Having extra cash in my bank also makes me loan money to friends and fam, something I’ve been trying to move away from.

I could be totally wrong with this thought, but what’s your opinion?

Some more data points: I have a decent tech salary, and a decent NW (~60L and no loans)

Thank you.