well, for the first point ...
1)Indians cant send money out without help of bank means that, we can send money only using bank wire transfer, and this takes 3 to 4 days minimum, to add to this, bank now needs import/export certificate if you want to send money out to anyone.
This means that RBI thinks "only import exporters need to send money out" in other words RBI says "others cant send money out at all"
this is such a stupid law, this makes it impossible for others to send money out, only import exporters can send money, no one else, RBI sucks in this one
while in other countries, people can send money out using Western Union or moneygram or xoom services without any reason to give to anyone
and as u say RBI thinks this way it regulates the money going out of India for terrorism, well there is another way called HAWALA which sends money to terrorists without showing anything in bank account's statements... and it is easy to track Western union like transfers than HAWALA transfers, so why not stop the reason people do HAWALA and give people legal support to send money out and track their activities?
to apply salt on this wound RBI has banned any wire transfer to Pakistan or other Gulf countries like Kuwait, Lebanon, Jordan (maybe RBI thinks Indians dont have any relatives at all in GULF) ....so, nowadays even an average Indian uses HAWALA to get money out of India, because in all other ways it is banned by RBI, and average Indian dont have any license.
2) About Loan regulations...
Everyone thinks that Mr. Reddy, the RBI governor did a very fabulous job by making Loan Lending very strict and limiting it, but actually he was just afraid like all Indian Government employees that he dont do any mistake, and it is very hard to believe that he had seen the future of Loan Defaulters, which even America could not see. India should have had comparatively even more Lending margin as India is Developing country with more GDI than America. Might be he just wanted Indian citizens to get Loan the hard way, as it is the policy in India, that an average citizen gets everything the hard way
If he wanted, he could have improved the loan lending a lot, like by making Loan Lending possible in a few hours, and not weeks, like it is in New Zealand, its citizens can take Loan and open any new business in 16 hours flat!
3) restrictions on banking
I agree to this point that every country has restrictions on banking....... but tell me, which other country's bank asks its citizens to deposit cash only a limited times in his current account? if you dont believe me, you can try to open a current account and try to deposit Rs. 50,000 daily, i bet, the bank will cry on this, and RBI would ban this activity.
i know the reason for this..... Fake currency being deposited this way.... so RBI limited cash deposit in a way, but it did not try any other way to stop Fake currency, a perfect example of misuse of power
no offence.... your one of last lines mr. AW10....Let RBI do their job.. we do ours.
this line should be changed to...
RBi dont let us do our jobs, we try our best to do it.
this is just my mann ki bhadas on RBI, this way i hope atleast some Indian's would try to stop RBI's such activities