Economy RBI monetary policy: A dovish hike with a 5-1 vote Updated : August 01, 2018 03:16 PM IST The two-day meeting of the Monetary Policy Committee started Tuesday and it must have completed most of its deliberations by now. The committee must have studied closely the slow snaking of the core inflation from around 5 percent a year ago to 6.3 percent at last count. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.