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Central Bankese'

Reserve Bank of India Governor D Subbarao told students at the Indian School of Business on Friday that there was a manner of expression that could be called “Central Bankese” — which essentially meant “to speak in a language that people don’t understand”. - A V Rajwade: Credit default swaps">A V Rajwade: Credit default swaps - India Inc dispels Dubai debt fears - RBI to seek Dubai World exposure details from banks - Recovery still fragile: RBI - Remittances not likely to be hit: Chawla - RBI to ask banks about their exposure in Dubai World He said Alan Greenspan, former chairman of the US Federal Reserve, had proposed to his present wife seven times before she realised that he was proposing to her. “That is what Central Bankese is,” explained the Governor to an audience bursting in laughter.

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