Deutsche Bank Personal Loan — PERSONAL LOAN

I have come to this Conclusion that all these banks who advertise Personal Loans are for people who already have money or have Credit cards with all the Limits available.
Especially the Banks like Deutsche Bank. I had a little crunch in my business and required a personal loan of Rs3lakhs. I applied to Deutsche bank and submitted all my papers. I am self employed and have my own business for 5 Years. My IT return last year is Rs290000, My office has been same place for 5Years, and My Company is 5 Years old. I have been having a residence address for 18 years. I submitted my passport copy, my pan copy, and my bank statement for last for six months. I have credit cards from two banks and more than 2 years old and have a credit limit of 100000 on my Credit Cards.
All the verifications were done. I called up the bank as I had submitted all the documents 3 weeks ago and never received a reply from Deutsche bank, The bank informs me that they have not approved my loan and do not give any information on what grounds have they refused me a loan. I asked the bank for a credit report or control number as I was informed by CIBIL that I have a right to ask for it but till now I have not received anything from the bank.
I think all these banks should advertise that they provide personal loans to people on high interest rates only if the applicant has double the money in their accounts and all the limits available in their credit cards accounts and have properties then and only then they are eligible for personal loans.
I feel this personal loan is just wasting of time as I have tried this for the first time I have realized it is simply useless and wait of time. I would say it is much simply to get loan from local financiers in the market then these claiming to high reputed banks.
Is there any agency or has the government Of India given these foreign bank to Freedom to do whatever they want and they are not answerable to anybody?
Irshad