Who is culprit? Is it heat of "RBI Repo rate stagnation" or "my CIBIL loan amount", which one is the culprit????

ya the rates are getting hiked and hiked , i can't see any banking apps showing reduced loan offers

personal loans should be usually lesser than cc backed loans

but in my case HDFC is offering me 12% interest rate on cc backed loan

and personal loan in axis prequalified section is 11.25% 

almost close, I mean both cc and personal loan loans are almost close in my situation 

i can't find any loan below these percentages 

so I am searching why interest rate is not reducing 

ya but credit growth will be high for sure here on, (so deposit will be depreciating even further dont know where this leads though as ease of access to various amunities of investments) so there will be no more HAPPY TIMES OF 9% INTEREST HERE ON FROM BANKS?

reasons i can foresee here are of the below two points (Bank deposit will even further see the dips)

1) since "organized credit access and availability" is more and more proceeding here on as its easy to access (using apps and things legally with legal bound) -> giving sugar to people is now making them slowly addicted (newer generation are now more of a credit seeker for anything to buy things -> credit addiction changed their lifestyle with no more delayed gratification)

2) forced tax on FD reducing even further on the meagre return from FD, 

I mean stock market you only need to pay tax if you sell or else you will never need to pay taxes (for non dividend yield stocks) and pass it to next generation (btw you can take loan against this without selling anytime)

so visibly people are "gloated with credit addiction and newer generation of risk takers" and that is back firing I think 

(our economy is moving from "saving" to "credit" to "spending" i think -> but i dont know how economy is gonna revert back or any way to bring back to that old age interest rate again)

but less deposit is the trouble (but who in the world will deposit when FD is attracting TDS for no reason for which we need to submit ITR to get refund), so FD is the worst investment FOR RISK TAKERS

and normal users are also moving away from FD 

only my grandfather time people are still sticking to FD (because they dont want to change or learn RISK)

but in the coming years even if stock market gives blood bath, the considerable people who would return to FD (bank deposits) will be very less compared to past AS EVERYONE GOT got hooked into risk taking because of ease of availability of "MF/stocks/debt funds/bonds" like "credit from banks"

so moving ahead i dont see many returning to FD to park their larger chunks of money (only safety money stays in FD as far as i seen)

so which means "high rate of interest for loans" will prevail for next 7 years or so? before some giant crash?