What are the key takeaways from RBI MPC meeting?

The RBI raised the repo rate by 25 basis points to 5.50%, its first hike in four years, while changing its stance to calibrated tightening. It raised FY27 GDP growth forecast to 7.1% but also increased the inflation forecast to 5.2%. The RBI flagged oil prices, geopolitical tensions and trade risks, while allowing interoperability between Account Aggregators.